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When people meet to exchange one type of good for another, they both must want what the other is offering in exchange. Let's say that I have six chickens, and you have three sacks of flour. I really need and want your three sacks of flour, but you do not have a need for six chickens. You want two chickens, and a bushel of apples. This exchange would not be successful because we do not have an equal offering of our wants and needs.
Hermann Hilpert
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Is there a biblical meaning behind seeing double and triple numbers?
There is not a Biblical meaning behind seeing double and triple numbers. Although it may not feel like it, it is just a coincidence.
What is another way to say Coincidence?
Coincidence
What the adverb for coincidence?
The adverb for the word coincidence is coincidentally.
What does koinkydink mean?
An apparent coincidence that very likely isn't a coincidence at all.
What is the antonym for coincidence?
incidence
What is the problem money solves?
Money solves a lack of double coincidence of want,
How can money overcome the double coincidence of wants?
When you are saving money to buy something you want, you are trying to work really hard just to get that money to buy it with; however if you have the money but you decide not to buy that item, that it how you get over the coincidence of what you want.
What is the difference between barter system and double coincidence of wants?
The double coincidence of wants is one of the major part of the Barter System.The two basic terms actually don't have any specific difference.
What is the problem with the barter system?
Demerits of the barter system include the lack of common unit value and lack of system for storage of value or purchasing power. It is inefficient and has a lack of double coincidence of wants.
A sentence with coincidence?
It was quite a coincidence!
Double coincidence of demand?
For example; the supplier of good A wants good B and the supplier of good B wants good A.
What conditions must prevail for barter to take place?
poor economics development,limited exchange and low production are 3 factors needed fr barter
Is there a biblical meaning behind seeing double and triple numbers?
There is not a Biblical meaning behind seeing double and triple numbers. Although it may not feel like it, it is just a coincidence.
What is another way to say Coincidence?
Coincidence
Who is the saint of coincidence?
There is no saint of coincidence in the Catholic Church.
What the adverb for coincidence?
The adverb for the word coincidence is coincidentally.
When was The Roots of Coincidence created?
The Roots of Coincidence was created in 1972.
