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mash [69]
3 years ago
10

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

Business
1 answer:
slega [8]3 years ago
4 0

Answer:

Money is a medium of exchange and satisfaction of needs.

Explanation:

for instance:- if you want to eat ice cream ( which is your want). You give money to shopkeeper who sell money ( his want is money). You give him money in exchange of ice cream . In this way , double wants are satisfied.

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