Question

how can money solved the problem of double coincidence of wants

Answer 1

If u have money in ur pocket , u can buy anything from anywhere but without money it becomes.difficult . Hence it removes the problem of double coincidence of wants

Answer 2

FOR DOUBLE COINCIDENCE OF WANTS A PERSON HAS TO SEARCH FOR A PERSON WHO IS READY TO BUY HIS GOOD IN RETURN OF THING THAT THE OTHER PERSON WANTS. IT MEANS WHAT ONE WANTS TO BUY IS SAME THE OTHER WANTS TO SELL.



MONEY ON THE OTHER HAND SOLVE THIS PROBLEM . A PERSON WITH CAN EXCHANGE GOOD THAT HE PRODUCE OR MANUFACTURE FOR MONEY AND THEN HE CAN CAN EXCHANGE MONEY FOR ANY GOOD OR COMMODITY HE WANTS..........

HOPE IT HELPS YOU '_'