how does money solve the problems of double conicidans of wants explain with an example of your own
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The double coincidence of wants has 1 problem that what 1 wants n the other has may be nt wanted by the other
Eg - if a person wants wheat n has cloths which he dont want then in exchange of cloths he want wheat but the one who hv wheat does nt want cloths but wants shoes .
so if there is money this prblm is solved
hope it help ALL THE BEST
Eg - if a person wants wheat n has cloths which he dont want then in exchange of cloths he want wheat but the one who hv wheat does nt want cloths but wants shoes .
so if there is money this prblm is solved
hope it help ALL THE BEST
Answered by
2
Hey ....
In this system (the double coincidence of wants )both i mean who want to sell anything or who wants to buy the samething which seller is selling then only they can cross check
so
when money comes then people dont have to search the other one who were selling or buying so with the help of money problem has been solved
Ex -A woman A wants rice and woman B wants wheat but woman A is not selling wheat so woman B cant take this they both have to search other one
and money comes woman A and B both went to shop and purchase as per requirement
simply money resolve the problem
thanq
In this system (the double coincidence of wants )both i mean who want to sell anything or who wants to buy the samething which seller is selling then only they can cross check
so
when money comes then people dont have to search the other one who were selling or buying so with the help of money problem has been solved
Ex -A woman A wants rice and woman B wants wheat but woman A is not selling wheat so woman B cant take this they both have to search other one
and money comes woman A and B both went to shop and purchase as per requirement
simply money resolve the problem
thanq
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