CBSE BOARD X, asked by Anonymous, 1 year ago

what is doublecoincidence of wants??? gang bang waalo answer do jaldi.......lol...

Answers

Answered by genious2000
2

The coincidence of wants or double coincidence of wants is lacking a medium of exchange such as money, which have to rely on barter or other in-kind transactions. It also means that both the parties have to agree to sell and buy each commodities. This is very old system, and recently seen many places after demonetization drive by our PM.


genious2000: Thanks a lot dear
ksandyasree: kk
Answered by ksandyasree
2
Double coincidence of wants means a consumer and seller that is both parties have to agree to buy and sell each other commodities.
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