Question

WHAT IS MEANT BY DOUBLE COINCIDENCE OF WANTS .....ANSWER FOR 1 MARK

Answer 1

It is a system in which medium of exchange is not money i.e., they rely on barter system or any other kind of transaction.

Answer 2

Answer:

Heya ☺

✒ The double coincidence of wants means both parties the buyer and seller have to agree to sell and buy each other commodities.