Social Sciences, asked by rvyv, 1 year ago

price mechanism meaning

Answers

Answered by Anonymous

a price mechanism is the manner in which the prices of goods or services affect the supply and demand of goods and services, principally by the price elasticity of demand. A price mechanism affects both buyers and sellers who negotiateprices.

Answered by saurabhsinghbihari

i hope this answer would be helpful for you

Attachments:

Previous Question

Next Question

Similar questions

Science, 7 months ago

Where is the poison stored in a scorpion?

English, 7 months ago

she tripped and fell ( what part of speech is tripped)...

History, 7 months ago

विकास की सूचना देने वाला मुख्य स्त्रोत क्या है...

World Languages, 1 year ago

how to say olderbrother in Japanese...

Physics, 1 year ago

A body starts from rest accelerate uniformly at the rate of 5m/s2 for 10 sec. Find the distance travel by the body?

Science, 1 year ago

structure of 1,4-dichloro-3-methylbenzene...

Environmental Sciences, 1 year ago

Reference for cleanliness...

Hindi, 1 year ago

केवल पुस्तकीय ज्ञान छात्रो की मौलिक प्रतिभा का ............ नही कर सकता | अमर्ष उन्मेष पीयूष प्रत्यूष...