Social Sciences, asked by nightfury1814, 1 year ago

Explain double coincidence of wants ?

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Answered by manishkr620520

12

The coincidence of wants (often known as double coincidence of wants) lacking a medium of exchange (such as money), which have to rely on barter or other in-kind transactions. Double coincidence of wantsmeans that the both the parties have to agree to sell and buy each commodities.

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