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:
Verified
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