Economy, asked by vidhisharma3175, 4 months ago

what do you understand by double coincidence of wants?

Answers

Answered by binuluke2014

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.

Answered by shalinipandey88884

Answer:

it is a situation when one whom you wants to sell goods is in possession of such goods which you want to buy

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