CBSE BOARD X, asked by samyukta1010, 1 year ago

What is meant by double coincidence of wants ?

Answers

Answered by tanmaybhere100
15

The coincidence of wants (often known as double coincidence of wants) lacking a medium of exchange (such as money), which have to rely on barter or other in-kind transactions. Double coincidence of wants means that the both the parties have to agree to sell and buy each commodities.


tanmaybhere100: mark as brainliest plz
tanmaybhere100: thaku so much
vivekpnair11479: wc bro
Answered by shrutimohta0220
4

The coincidence of wants lacks a medium of exchange (such as money), which have to rely on barter or other in-kind transactions. Double coincidence of wants means that the both the parties have to agree to sell and buy each commodities.

Hope it helped:-):-)


tanmaybhere100: try next time
shrutimohta0220: we both hav same answers ...
tanmaybhere100: hmm bcz copied.........xD
shrutimohta0220: n I'm not dieing for being marked brainliest;-);-)
shrutimohta0220: :-P
Similar questions