Economy, asked by aarti7485, 9 months ago

what do you understand by double coinsidence of wants​

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Answered by Anonymous
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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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