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

If five notebooks cost $5.25, how much will three notebooks cost?
What was the casta system, and why was it created?
On a map, 1 inch represents 1,000 miles. If the area of a country is actually 16 million square miles, what is the area of the country’s representation on the
what is 62.6 rounded to the nearest tenth
What is 16/8 as a mixed number
Evaluate 14.3 + 8.2 x 30
Describe how the coming of World War II ended the Great Depression. What region of the nation benefited most spectacularly?
What is essential for blood clotting?
solve this proportion: 1/c+5=2/3
(3x-4)∧2=8 how do i solve this