Suppose that in a barter economy Tom bakes bread and Hans produces chocolates. Tom wants chocolates but Hans doesn't like bread, so Hans is unwilling to trade with Tom. Tom's problem is an example of which problem associated with a barter system?

A. The double coincidence of wants problem
B. The law of diminishing returns
C. Too much specialization
D. Not enough prices


Answer: A

Economics

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Answer the following statement true (T) or false (F)

Economics