Economy, asked by inushatripathy, 4 months ago

what do u mean by lack of double coincidence of wants ? how introduction of money solved this problem

Answers

Answered by kash717171
0

Answer:

your question should be understandable

Answered by Shana06
0

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.

Similar questions