Question

how does money solve the problem of double co-incidence of wants explain with an example​

Answer 1

money solve the problem of double coincidence as follows :-

if there is money than there is no need to have the thing which other should take and if we will have money then we can simply go to a shop and can buy things acc. to our need otherwise if we will not have money then we should wait for the other person things which he want and to do a barter system process

hope it helps u plzzzz mark it as brainliest

Answer 2

Answer:

money solves the double co - incidence of wants as

suppose a person wants shoes and when he went to the shoe seller then he wants clothes in exchange of shoes and the person who have clothes want rice with the person who wants shoes but they can't exchange.

I hope it helps

You can get it from the first page of Ch.4 with the help of the cartoon given