Social Sciences, asked by manu9943, 5 months ago

What is meant by double coincidence of wants

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Answered by 8rahul8

2

Answer:

The coincidence of wants (often known as double 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. ... Double coincidence of wants means that both of the parties have to agree to sell and buy each commodity.

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