Question: Question 1 ( Mandatory ) ( 4 points ) A double coincidence of wants means that a ) each party in an exchange transaction has
Question Mandatory points
A double coincidence of wants means that
a each party in an exchange transaction has what the other party desires.
b one party in an exchange transaction wants twice what the other party is offering.
c desires in the marketplace are always unpredictable, so it takes at least two exwhanges for every market participant to be satisfied.
d both parties desire the same good or service, making exchange impossible.
e both parties in an exchange have a desire, but no means by which to pay for it
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