An Example of a Double Coincidence of Wants Is

question 15

Multiple Choice

An example of a double coincidence of wants is:

• A) a car mechanic who wants a TV finding an owner of an electronics store who wants a car repaired.
• B) a car dealer who wants a TV finding an electronics store owner who wants money.
• C) an electronics store owner who wants car repairs finding a car mechanic who wants money.
• D) a car dealer who wants a new employee finding a car mechanic who wants money.

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Definitions:

Itemized Statement

A detailed document listing individual charges, items, or services along with their costs.

Receiving Report

A document that records details about goods received by an entity, typically including descriptions, quantities, and condition of goods.

Quantities

Refers to the amount or number of a material or immaterial item.

Outstanding Checks

Checks that have been issued and recorded but not yet cashed or cleared by the bank.