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The problem of double coincidence of wants is that
Question 1
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The problem of double coincidence of wants is that
it is hard to determine the exchange rate of goods
it does not encourage purchase of large quantities and varieties
deferred payment is not possible because goods exchange are not durable
one has to find someone who wants his surplus and also has what he needs
Answer Details
Read lesson note on Purchase And Sale Of Goods (JAMB)
Read lesson note on Commerce (JAMB)
Purchase And Sale Of Goods
Commerce
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