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The "Coincidence of Wants" Problem Associated with Barter Refers to the Fact

Question 157

Multiple Choice

The "coincidence of wants" problem associated with barter refers to the fact that


A) for exchange to occur, each seller must have a product that some buyer wants.
B) money must be used as a medium of exchange or trade will never occur.
C) specialization is restricted by the size or scope of a market.
D) buyers in resource markets and sellers in product markets can never engage in exchange.

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