Practice question
Question
‘A’ has a good that ‘B’ wants and ‘B’ has a good that A’ wants. This is referred to as ______ under barter system of exchange.
Explanation
Double coincidence of want correct per microeconomics basics; central problems scarcity choice opportunity cost.
Discussion
Comments
Please log in to join the discussion.
Login to commentNo comments yet. Be the first to start the discussion.