Economy, asked by piyoushverma9, 2 months ago

What is double coincidence of wants??
Explain with an example of your own.

Answers

Answered by champulata1985

3

Answer:

Double coincidence of wants occurs when two individuals swap their goods, in exchange for one another. This is also referred to as the 'perfect barter exchange'. ... For example, if two individuals want to exchange and place on a loaf of bread and a bag of apples, then this is known as double coincidence of wants.

Answered by mrnickname50

11

Explanation:

Double coincidence of wants occurs when two individuals swap their goods, in exchange for one another. This is also referred to as the 'perfect barter exchange'. ... For example, if two individuals want to exchange and place on a loaf of bread and a bag of apples, then this is known as double coincidence of wants.

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