UrbanPro

Take Class 11 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

Money acts as an intermediate in the exchange process". Explain.

Asked by Last Modified  

Follow 1
Answer

Please enter your answer

Financial Accounting Teacher

When money is used to intermediate the exchange of goods and services, it is performing the function of a medium of exchange. It thereby avoids the inefficiencies of a barter system, such as the dependence on the occurrence of a coincidence of wants. To be widely acceptable, a medium of exchange ...
read more
Whenmoneyis used tointermediatetheexchangeof goods and services, it is performing thefunctionof a medium ofexchange. It thereby avoids the inefficiencies of a barter system, such as the dependence on the occurrence of a coincidence of wants. To be widely acceptable, a medium ofexchange... read less
Comments

Related Questions

Is it necessary to join the coaching for PCM (Class 11)?
If you are from ICSE or cbse board then you can read physics and chemistry at home and take tution for maths only. But if you are from West Bengal board.. you can take tution for PCM. This is because some...
Mukundan
How can I study for IIT preparation from class 11 without coaching?
Follow Arihanth book series. Solve each and every problems. Check the syllabus on net. Follow YouTube. And take best faculties in your home.
Sweetu
How can I learn physics without any tuition coaching or school in class 12?
Lots of material are available in youtYou on different topics. Some are good and some are average ore not good. In Physics, H C Verma is good book. In Physics self learning takes time but whatever you learn, it is lifelong.
Darshan
0 0
5
Is coaching necessary for the CBSE class 12?
Actually for disciplined study you need proper guidance to carry forward your syllabus easily without any hurdles that may be when someone is sharing his or her knowledge with proper guidance and all...
Sriomprakash
0 0
5
How do I prepare for IIT-JEE in one year (Class 12) without coaching?
regular practice mcq of all subjects and solve previous years papers of jee and follow mtg mcq books to do so.
Urmila

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Recommended Articles

Appearing for exams could be stressful for students. Even though they might have prepared well, they could suffer from anxiety, tension etc. These are not good for their health and mind. However, following a few exam preparation tips can save them from all these and help them to score good marks. Let’s find out all...

Read full article >

With the current trend of the world going digital, electronic renaissance is a new movement that is welcomed by the new generation as it helps makes the lives of millions of people easier and convenient. Along with this rapidly changing movement and gaining popularity of Internet, e-Learning is a new tool that emerging...

Read full article >

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 11 Tuition Classes?

The best tutors for Class 11 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 11 Tuition with the Best Tutors

The best Tutors for Class 11 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more