highlight the inherent problem in double coincidence of wants
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The inherent problem in Double Coincidence of Want is that one has to spend a lot of time searching for a person ready to exchange goods.
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Answer:
Double coincidence of wants
Explanation:
What a person desires to sell is exactly what the other wishes to buy. In a barter system where goods are directly exachanged without the use of money, double coincidence of wants is an essential feature. In contrast, in an economy where money is in use, money by providing the crucial intermediate step eliminates the need for double coincidence of wants.
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