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Pete is a contractor and Chico is a landscaper. Pete offers to build a storage shed for Chico's equipment if Chico will take care of Pete's lawn for the season. This is an example of:

Answer :

The exchange of building a storage shed for taking care of Pete's lawn is an example of bartering.

A storage shed is a structure used for storing various types of equipment or items. In this case, Chico requires a storage shed to store his landscaping tools and equipment.

Bartering is a form of trade that has been around for centuries. In the past, people would exchange goods and services without the use of money. Today, bartering still occurs, but it is less common due to the widespread use of money. However, it is still a viable option for individuals or companies who are willing to trade goods or services that they have in abundance.

It is a mutually beneficial agreement where both parties are fulfilling a need that the other has. By exchanging services, both parties are able to save money while still getting what they need.

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