____ of wants refers to the simultaneous fulfillment of mutual wants of buyers and sellers.
Fill in the blanks:
____ of wants refers to the simultaneous fulfillment of mutual wants of buyers and sellers.
Anurag Pathak Changed status to publish December 15, 2023
Double coincidence of wants refers to the simultaneous fulfillment of mutual wants of buyers and sellers.
Explanation:-
Double coincidence of wants refers to the mutual wants of buyers and sellers at the same time.
For example:-
A wants to sell his shoes and, wants to purchase wheat and B wants to purchase shoes and wants to sell his wheat.
Anurag Pathak Changed status to publish December 15, 2023
