Solved

A "Double Coincidence of Wants" Occurs When

Question 123

Multiple Choice

A "double coincidence of wants" occurs when


A) both parties in an exchange transaction have a sufficient quantity of the medium of exchange.
B) each party in an exchange transaction happens to have what the other party desires.
C) the negotiation between parties arrives at a mutually accepted medium of exchange.
D) each party in an exchange transaction fails to have what the other party desires.
E) a third party to an exchange transaction has what both other parties desire.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents