For barter to occur there has to be
A) a commodity to serve as a medium of exchange.
B) a formal market where prices are quoted.
C) a double coincidence of wants.
D) a single coincidence of wants.

Question

Quizplus · Accepted Answer

In barter, two parties must each have something the other wants. This is known as a double coincidence of wants. Without this coincidence, no trade can occur. The other options are not necessary for barter to occur.

For Barter to Occur There Has to Be