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Shanu Asked a Question
September 2, 2020 4:57 pmpts 50 pts
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  • Anonymous User Best Answer
    Price mechanism refers to the determination of price of all goods and services by the interaction of forces of demand and supply without any external interface.
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  • Anonymous User thankyou
    In economics, a price mechanism is the manner in which the profits of goods or services affects the supply and demand of goods and services, principally by the price elasticity of ...
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