Question

explain the 2 important elements of price mechanism?​

Answer 1

Answer:

There are two important elements of price mechanism – 1. ... producers are willing to sell goods and services only if they get the appropriate price. 2. MARKET - forces of demand and supply operate within the framework of market.

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Answer 2

Answer:

There are two important elements of price mechanism – 1. ... producers are willing to sell goods and services only if they get the appropriate price. 2. MARKET - forces of demand and supply operate within the framework of market.

Explanation:

here is your answer

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