Business Studies, asked by babaji72, 10 months ago

What is double coincidence of wants???​

Answers

Answered by sriyas02
6

Answer:

The 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. This type of exchange is the foundation of a bartering economy.

Answered by arshbbcommander
32

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When both the parties have to agree to sell and buy each other's commodities. This is known as double coincidence of wants.

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