Social Sciences, asked by bhanuprince68, 1 year ago

what is meant by double coincidence of wants​

Answers

Answered by 4444tclgpdi11h
1

Double coincidence of wants means that both of the parties have to agree to sell and buy each commodity. ... Besides barter, other kinds of in-kind transactions also suffer from the coincidence of wants problem in the absence of a medium of exchange. Romance, for example often relies on a double coincidence of wants.

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Answered by adityapatil12102003
1

Explanation:

the thing which u want is selling by me, and the thing which i want is selling by u then we both will exchange those goods without use of money as a medium.

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