Question

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

Answer 1

Money is a medium of exchange and satisfaction of needs.

Step-by-step 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.