what is double coincidence of wants?
Answers
Answered by
1
Answer:
Double coincidence of wants means that both of the parties have to agree to sell and buy each commodity. ... Besides barter, other kinds of in-kind transactions also suffer from the coincidence of wants problem in the absence of a medium of exchange. Romance, for example often relies on a double coincidence of wants
Explanation:
Answered by
1
Answer:
Hello mate..
Double coincidence of wants means that both of the parties have to agree to sell and buy each commodity. ... Besides barter, other kinds of in-kind transactions also suffer from the coincidence of wants problem in the absence of a medium of exchange. Romance, for example often relies on a double coincidence of wants....
Hope it will help u...
Thanku...
Similar questions