Social Sciences, asked by Anonymous, 7 months ago

what is price mechanism ???❤❤❤ on my b'day free points ...❤❤

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Answered by ABHINAVsingh56567

Answer:

In economics, a price mechanism is the manner in which the profits of goods or services affects the supply and demand of goods and services, principally by the price elasticity of demand. A price mechanism affect both buyer and seller who negotiate prices

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