How does money solve the problem of double coincidence of wants ? Explain with an example of your own Please give correct answers so that I can mark you brainliest.
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How does money solve the problem of double coincidence of wants ? Explain with an example of your own Please give correct answers so that I can mark you brainliest.
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Answer:
Money solves the problem of double coincidence of wants by acting as a medium of exchange. Double coincidence of wants implies a situation where two parties agree to sell and buy each other's commodities., i.e., what one party desires to sell is exactly what the other party wishes to buy.
Answer:
Money solving the problem of double.
Explanation:
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