By what is double coincidence of wants ?
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it means that tha both parties have to agree tosell and buy each other's commodity i.e. what a person desires to sell is exactly what the other person wishes to buy. ... In a barter system commodities bare exchanged with commodities of other person without the use of money.
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It refers to the situation when the goods a seller wants to sell is wanted by a buyer and the thing or assest that buyer have is need of seller.
In simple words,this is based on
Where things are exchanged instead of buying on basis of money.
•But with the introduction of money in market, the problem of double coincidence of wants is solved.
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