Question

working of price mechanism​

Answer 1

Answer:

price mechanism works through prices in a free enterprise economy, where all goods and services carry price tags with them. ... consumers have to pay some prices if they want to buy some goods like food, clothes, etc. producers are willing to sell goods and services only if they get the appropriate price. 2.

Answer 2

Answer:

price mechanism works through prices in a free enterprise economy, where all goods and services carry price tags with them. ... consumers have to pay some prices if they want to buy some goods like food, clothes, etc. producers are willing to sell goods and services only if they get the appropriate price.