Question

ᴡᴀʜᴛs ɪs ᴛʜᴇ sᴏʟᴜᴛɪᴏɴ ᴛᴏ ʙᴀsɪᴄ ᴘʀᴏʙʟᴇᴍ ɪɴ ᴀ ᴄᴀᴘɪᴛᴀʟɪsᴛ ᴇᴄᴏɴᴏᴍʏ​

Answer 1

Answer:

$\huge\star{\underline{\mathtt{\red{A}\pink{N}\green{S}\blue{W} \purple{E}\orange{R}}}}⋆$

ɪɴ ᴀ ᴄᴀᴘɪᴛᴀʟɪsᴛɪᴄ ᴇᴄᴏɴᴏᴍʏ,ʙᴀsɪᴄ ᴇᴄᴏɴᴏᴍɪᴄ ᴘʀᴏʙʟᴇᴍs ᴀʀᴇ sᴏʟᴠᴇᴅ ᴛʜʀᴏᴜɢʜ ᴛʜᴇ ᴘʀɪᴄᴇ ᴍᴇᴄʜᴀɴɪsᴍ. ᴘʀɪᴄᴇ ᴍᴇᴄʜᴀɴɪsᴍ ɪs ᴛʜᴇ ᴍᴇᴄʜᴀɴɪsᴍ ɪɴ ᴡʜɪᴄʜ ᴘʀɪᴄᴇ ᴘʟᴀʏ ᴀ ᴋᴇʏ ʀᴏʟᴇ ɪɴ ᴅɪʀᴇᴄᴛɪɴɢ ᴛʜᴇ ᴀᴄᴛɪᴠɪᴛɪᴇs ᴏғ ᴘʀᴏᴅᴜᴄᴇʀs,ᴄᴏɴsᴜᴍᴇʀs ᴀɴᴅ ʀᴇsᴏᴜʀᴄᴇ ᴏᴡɴᴇʀ

Answer 2

Answer:

$\huge\star{\underline{\mathtt{\red{A}\pink{N}\green{S}\blue{W} \purple{E}\orange{R}}}}⋆$

ɪɴ ᴀ ᴄᴀᴘɪᴛᴀʟɪsᴛɪᴄ ᴇᴄᴏɴᴏᴍʏ,ʙᴀsɪᴄ ᴇᴄᴏɴᴏᴍɪᴄ ᴘʀᴏʙʟᴇᴍs ᴀʀᴇ sᴏʟᴠᴇᴅ ᴛʜʀᴏᴜɢʜ ᴛʜᴇ ᴘʀɪᴄᴇ ᴍᴇᴄʜᴀɴɪsᴍ. ᴘʀɪᴄᴇ ᴍᴇᴄʜᴀɴɪsᴍ ɪs ᴛʜᴇ ᴍᴇᴄʜᴀɴɪsᴍ ɪɴ ᴡʜɪᴄʜ ᴘʀɪᴄᴇ ᴘʟᴀʏ ᴀ ᴋᴇʏ ʀᴏʟᴇ ɪɴ ᴅɪʀᴇᴄᴛɪɴɢ ᴛʜᴇ ᴀᴄᴛɪᴠɪᴛɪᴇs ᴏғ ᴘʀᴏᴅᴜᴄᴇʀs,ᴄᴏɴsᴜᴍᴇʀs ᴀɴᴅ ʀᴇsᴏᴜʀᴄᴇ ᴏᴡɴᴇʀ