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

What were the contributions of the Harappan civilization?
Thelma spent 1/6 of her weekly allowance on dog toys.  1/4 on a dog collar and 1/3 on dog food.  What fraction of her weekly allowance is left
Factor the expression. If the expression cannot be factored, say so.
What is 25% of $500.00? I think the answer is $475.00 Can someone verify if twenty five percent of 500.00 is $475.00
What's 5 divided by x squared explain
The inner and outer Radii of a cylindrical pipe are 5 cm and 4 cm respectively. find the area of cross section of the pipe.
Does an owl have a backbone?
What all the multiples of 81?
find the sum. write each mixed number in simplest form 4 7/8 + 5 1/4
The ______ was established in 1943 to assist in the transition from a peacetime to a wartime economy ?