Question

what is double coincide of wants

Answer 1

you want to sell something, and another person want to buy that exact same thing,
that is double coincidence of wants.

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Answer 2

Double coincidence of wants:

• Double coincidence of wants is an economic phenomenon where two persons with products that the other person wants can exchange their items directly.
• There is no money exchanged between them. This brought in the process of barter system. Double coincidence means both the parties has agreed to sell or exchange their goods.
• But there is one major limitation when it comes to this process. One can sell his/her goods to the other person only when the buyer needs it and vice-versa. The seller and buyer is should desire what the other one wants.