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

Pleaase help me because i really need it
at what point during receiving should the temperature of the food be checked?
You start at (-2, 3). You move down 6 units and right 2 units. Where do you end?
A stationary 15 kg object is located in a table near the surface of the earth. The coefficient of static friction between the surfaces is 0.40 and the coefficie
ANSWER THIS The area of landpole A is 10^(9) km^(2), the area of the landpole B is 10^(6 )km^(2) how many times larger is a's area. WITH EXPLANATION
Stuff about the Spanish American war
Pleaase help me because i really need it
Suppose you are developing a cricket game in which you are asked to enter score of every ball and can score maximum 6 on each ball, if the user will enter -1 or
Whats the difference between Karate, Takwondo, Jitsu and Kung Fu​
how long does it take to become a nurse anesthetist