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

How many times can 4 go into 110
Gina paid $129 for a bicycle that was on sale for 75% of its original price. What was the original price of the bicycle
evaluate and discuss the negative impact of youth risk behaviour on yourself and others (your community or society at large). reper to the 4 spheres of well- be
The lines below are perpendicular. If the green line has a slope of -2/3, what is the slope of the red line? Enter your answer as an integer or a fraction in lo
What do artifacts such as shark teeth and shells found inside Hopewell mounds tell us about their culture
Which of the following describes a mesomorph body type? Narrow shoulders and low body fat Short stature and round, prominent abdomen Tall stature and long, slen
solve. z – 9 = 27 a. 3 b. 16 c. 18 d. 36
what dose hasta pronto mean
Which activity is an example of poor personal hygiene
What are the unknowns in this problem? A problem states: "There are 9 more pencils than pens in a container. There are 25 writing utensils in the container in a