--%>

Describe double coincidence of wants

Double coincidence of wants: This means that one person's wishing to buy and sell should coincide with another person’s wish to buy and sell.

   Related Questions in Business Economics

  • Q : High-convexity portfolios outperform

    a) Whether the bond market moves up or down, high-convexity portfolios will for all time outperform low-convexity portfolios of equal duration and yield." Elucidate the argument supporting this statement and the connection to the classical immunization strategy. What

  • Q : Significant that economics is not a

    Why is it significant that economics is not a laboratory science?  What problems may be evolved in deriving and applying economic principles?

  • Q : Equilibrium market rate & Undervalued

    Question: a. In the short-run, it is easier for a country to maintain a peg that undervalues a currency (relative to the equilibrium market rate) than it is to maintain a peg that overvalues the currency (relative

  • Q : How do households dispose of their

    How do households dispose of their income?

  • Q : Explain the term Earnings per share

    Briefly explain the term Earnings per share (or EPS)?

  • Q : Comparative Advantage of free trade

    According to the advocates of free trade and World Trade Organization, each and every country potentially advantages from trade liberalization and the lowering of tariffs since each and every country: (1) Has a comparative benefit in something. (2) Ga

  • Q : Higher opportunity costs of attendance

    Economics professors would attribute students’ higher rates of attendance on days while examinations are administered to the: (w) intensified needs to learn valuable material. (x) higher opportunity costs of missing set relative to other schedul

  • Q : Why is the problem of unemployment a

    Why is the problem of unemployment a part of the subject matter of economics?

  • Q : Explain determining the types of the

    Explain determining the types of the various products that will be produced?

  • Q : Theories of capital structure Write

    Write down the theories of capital structure?