faithsmith7017 faithsmith7017
  • 01-12-2021
  • Business
contestada

what is the coordinating mechanism in a market system?

Respuesta :

anicholson2282 anicholson2282
  • 10-12-2021

Answer:

The price mechanism is the central coordinating mechanism in a market economy. Prices tell people what to use their resources.

Explanation:

Answer Link

Otras preguntas

recommended caloric intake
how many tectonic plates are there
how many bones are in the human body
what are the possible values of ml for an electron in a d orbital?
minerals are inorganic substances that the body cannot produce on its own.
which of the following diagram depicts the logic of use case descriptions. it shows the information that passes between objects in the system and throughout the
The United States hotly protested Stalin's actions in Poland, East Germany, and the rest of Eastern Europe as a violation of the "one world" principle of the At
checks and balances definition
what do i need to file taxes
On a 1/5 scale drawing of a car, one part is 8 inches long. How long will the actual car part be?