Question

How does money eliminate double coincidence of wants in one mark?

Answer 1

money act as a medium of exchange .

earlier people had to exange the goods in liew of other goods the needed .

for that they had see for a person who was in need of that good . for ex... if a person wanted some wheat to sell in liew of shoes ,he had to look for a person who wants to buy wheat and sell shoes. it was difficult task and time consuming . but money have solved this problem