co -incidence of wants meaning with explanation
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A remarkable concurrence of events or circumstances without apparent causal connection.
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coincidence of wants problem is the situation where the supplier of Good A wants Good B and the supplier of Good B wants Good A
.it is an category of transaction costs that impose severe limitations on economies lacking a medium of exchange (such as money)which have to depends on Barter or other in-kind transactions.(barter means the exchange of goods)
.it is an category of transaction costs that impose severe limitations on economies lacking a medium of exchange (such as money)which have to depends on Barter or other in-kind transactions.(barter means the exchange of goods)
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