Economy, asked by tanay1118, 17 days ago

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

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Answered by aiswarya8d2
1

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.

Explanation:

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