Is there more to chance and coincidence than just chance or coincidence?

Is there more to chance and coincidence than just chance or coincidence?
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1 Answer

Answer :

answer:I hope you don’t find any books I’ve written! :-) (Sory I could not resist. No offense meant.) There are so many patterns and timing events that occur in our daily lives. We just don’t notice them until another event links the two – or three. Yesterday while on the street you walked past his cousin and your the brother of one of the classmates in that very class! But you will never know it.
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Last Answer : Goods are directly exchanged without the use of money. Here, both the exchanging partners are in the need of that goods. Double coincidence of wants is an essential feature. Examples: (i) Farmer can ... of teaching. (iii) In modern era, farmers can exchange cereals for money to buy essential goods.

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Last Answer : A shoe manufacturer wants to sell shoes in the market and buy wheat. The shoe manufacturer will first exchange shoes that he had produced for money, and then exchange the money for wheat. Imagine how ... agree to sell and buy each other's commodities. This is known as double coincidence of wants.

What is meant by the double coincidence of wants ? -SST 10th

Description : What is meant by the double coincidence of wants ? -SST 10th

Last Answer : Double coincidence of wants means that the person who wants to buy a good A and sell good B can buy it from another person who wanted to buy good B in exchange for good A only.

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Description : How does money solve the problem of double coincidence of wants ? Explain with an example. -SST 10th

Last Answer : 1. Before the introduction of money as a medium of exchange, the double coincidence of wants functioned as the medium of exchange between people. Double coincidence of wants or the barter system ... any particular point of time, without any agreement of buying and selling in terms of commodities.

What is the barter system and double coincidence of wants ? -SST 10th

Description : What is the barter system and double coincidence of wants ? -SST 10th

Last Answer : In the olden days, when modern currency was not in vogue, people had to sell and buy each others commodities. This was called the barter system. For instance if a shoe manufacturer wants ... goods are directly exchanged without the use of money, double coincidence of wants is an essential feature.

What is double coincidence of want? -SST 10th

Description : What is double coincidence of want? -SST 10th

Last Answer : Things exchanged for other things without the use of money is known as barter system. The barter system laid the foundation of trade but trade was limited to the bounds of a village or town. Hence, ... . Money acts as a intermediate in the process of exchange, it is called as medium of exchange.

What is known as double coincidence of wants? -SST 10th

Description : What is known as double coincidence of wants? -SST 10th

Last Answer : When in the exchange, both parties agree to sell and buy each other’s commodities, it is known as double coincidence of wants.

What is meant by double coincidence of wants ? -SST 10th

Description : What is meant by double coincidence of wants ? -SST 10th

Last Answer : Both parties, the seller and they buyers have to agree to sell and buy each other commodities. Goods are directly exchanged without the use of money.

How does money eliminate the need for double coincidence of wants ? -SST 10th

Description : How does money eliminate the need for double coincidence of wants ? -SST 10th

Last Answer : If you have money in your pocket you can purchase any thing at any time as you wish.

What is random error ? What is a coincidence ?

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The following formula is correct: (A) Diversity factor =1 / Coincidence Factor (B) Diversity factor =1 x

Description : The following formula is correct:  (A) Diversity factor =1 / Coincidence Factor  (B) Diversity factor =1 x Coincidence Factor  (C) Diversity factor =1 - Coincidence Factor  (D) All of the above

Last Answer : The following formula is correct:  (A) Diversity factor =1 / Coincidence Factor  (B) Diversity factor =1 x Coincidence Factor  (C) Diversity factor =1 - Coincidence Factor  (D) All of the above

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For people who are not proud of their country, if you were given the opportunity to take your family to another, uninhabited land and have a chance at a new life, would you take it?

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Description : How do you convince yourself to take a chance on something risky?

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Description : What would you give up for a chance to be happy?

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