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.
Opponents argue that one of the primary disadvantages of the price mechanism theory is income inequality. Other disadvantages include unemployment and inflation.
price mechanism is hte demand and supply of goods and services
what is the advantages and disadvantages of price legistlation
advantages of quick return mechanism
The price
Price mechanism (A+)
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.
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.
teachers
Price is the rationing mechanism. Whoever can afford it, will by it.
The price
chanism