English, asked by sneha522, 11 months ago

what is a price mechanism

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Answered by AnkitSainiYNR

Answer:

A price mechanism is the manner in which the profits of goods or services affect the supply and demand of goods and services, principally by the price elasticity of demand. An example of a price mechanism uses announced bid and ask prices.

Answered by vvj72

Answer:

follow on....................

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