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 is the final step in the writing process? a. drafting b. revising c. editing d. publishing
What was life like on Earth's for most of its history?
why do some recipes have high altitude directions?
Informal amendments to the Constitution are changes in the ______________ of the Constitution that occur over time.
Who is the antagonist in the book if I stay?
Organic food is the fastest-growing sector of US agriculture
What are three other elements that have 8 valance electrons.
write 57.6% as a fraction in simplest form?
Does ice cream truck have to be capitalize?
write two mixed nubers that have the sum of 3