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Opponents argue that one of the primary disadvantages of the price mechanism theory is income inequality. Other disadvantages include unemployment and inflation.
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∙ 9y ago
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What is the name of the book published by Charles Darwin in which he proposed a mechanism for his theory of evolution?
type your answer here....
Who was Alfred Wagner and what did he do?
The geologist who developed the theory of plate tectonics. However, most did not believe him because Wagner did not have a mechanism for how the plates moved.
What couldn't Darwin explain in his theory?
Try music. No good explanation of why humans gave this phenomenon have yet been put forward. May be an artifact of something else, but evolutionary theory, like any theory does not explain everything. Only ideologies do that.
What are the advantages and disadvantages of Mcdonald organization in UK?
The advantage of the McDonald organizations in the UK is the price point and it is a quick meal. The disadvantage is that the food is not that healthy.
What is law and theory?
Theories are a a broad range of hypothesis (educated guesses) that were pieced together. Laws are theories that have been proven; a unifying explanation that has been supported by testing. Basically, a theory is like a first draft, and a law is the final result.
Disadvantages of price mechanism?
Price mechanism is the system where supply and demand are what determines prices of products or services. Unemployment, inflation, and uneven distribution of resources are disadvantages of price mechanism.
What are the advantages disadvantages of the price mechanism?
price mechanism is hte demand and supply of goods and services
What are the advantages and disadvantages of Quick return mechanism?
advantages of quick return mechanism
A mechanism of darwin's proposed theory?
The mechanism is natural selection, of course.
Advantages and disadvantages of classical management theory?
Advantages and disadvantages of classical management theory?
Advantages and disadvantages of price legislation?
what is the advantages and disadvantages of price legistlation
What are the Disadvantages the disadvantages of modernism?
The price
The negotiation of prices for goods and services depending on supply and demand is referred to as which of these?
Price mechanism (A+)
Advantages and disadvantages of neo classical management theory?
Disadvantages of neo classical
What is price incentives?
Price incentives is included in price mechanism, that is refers in the competition process, the supply and demand of mutual connection, mutual constraints of the market price formation and operation mechanism.
Who has a feature of price mechanism?
teachers
What is price merchanism?
Price mechanism is a term referring to how the change in the prices of commodities affects demand and supply. It is important because it regulates the price in the market, absence of price mechanism may lead to an increase in price once demand gets high.
