Question

how does money solve the problem of coincidence of wants?
Explain with an example of your own​

Answer 1

Answer:

Hlo Mate.

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.

Hope this is helpful..

Answer 2

Answer:

Explanation: 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.

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