Economy, asked by Anonymous, 3 months ago

What is meant by double coincidence of wants?​

Answers

Answered by ArnavMani
10

Double coincidence of wants means when both parties have agreed to sell and buy each other’s commodities

Thank You

Answered by ItzMissLegend
37

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.

hope it helps you :)

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