Question

What is double coincedence of wants?​

Answer 1

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.

Answer 2

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Double coincidence of wants means:

Both parties, the seller and buyers have to agree to sell and buy each others commodities. Goods are directly exchanged without the use of money.