Question

what is double concidence of wants​

Answer 1

Answer:

Step-by-step explanation:

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

Answer 2

✎Aɴsᴡᴇʀ

✭In a barter economy, an exchange between two people requires a double coincidence of wants, which means that what one person wants to buy is exactly what the other person wants to sell.

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