| Read the following dialogue between two people: |
| Gita: I want 1 kg of potatoes. |
| Reena: What will you give in exchange? |
| Gita: I can give you 2 litres of milk in return for the potatoes. |
| Reena: I don't need milk. I want a pair of shoe. |
| Which of the following problem is being faced by Gita and Reena in their exchange process? |
A) Lack of double coincidence of wants
B) Absence of common unit of value
C) Lack of store of value
D) Lack of standard of deffered payments
Correct Answer: A
Solution :
[a] lack of double coincidence of wants
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