A Double Coincidence of Wants Means That

question 63

Multiple Choice

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) both parties desire the same good or service,making exchange impossible.
• D) desires in the marketplace are always unpredictable,so it takes at least two exchanges for every market participant to be satisfied.
• E) both parties in an exchange have a desire,but no means by which to pay for it.

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Definitions:

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, emphasizing the role of reinforcement in shaping behavior.

Aversive Conditioning

A form of conditioning that uses unpleasant stimuli to induce a negative response to certain behaviors.

Unwanted Behavior

Actions or reactions that are not desired or considered inappropriate in a given context or societal norm.

Virtual Reality Exposure Therapy

Virtual Reality Exposure Therapy is a therapeutic technique that uses virtual reality technology to expose patients to stimuli related to their psychological issues in a controlled environment.