Question

Double coincidence
of wants

Answer 1

The double coincidence of wants mean that both the parties have to agree to sell and buy each other's commodity i.e. what a person desires to sell is exactly what the other person wishes to buy.

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Answer 2

The coincidence of wants lacking a medium of exchange, which have to rely on barter or other in kind transactions. Double coincidence of wants means that the both of parties have to agree to sell to buy each commodities...

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