History, asked by priyankasuri24, 9 months ago

double coincident of wants means both parties the buyers and the sellers have to agree

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Answered by faridikhan

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Answer:

The coincidence of wants (often known as double coincidence of wants) is an economic phenomenon where two parties each hold an item the other wants, so they exchange these items directly without any monetary medium. ... Double coincidence of wants means that both of the parties have to agree to sell and buy each commodity.

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