Economy, asked by raj483I512, 4 days ago

lack of double coincidence of wants

Answers

Answered by suneelmourya333

1

Answer:

Lack of double coincidence exists in barter exchange. It refers to the situation where the mutual wants of the buyer and seller are less likely to be fulfilled simultaneously. If the buyer's wants can be fulfilled by exchange but cannot provide what the seller wants, the exchange is unlikely to happen.

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