price mechanism
noun[C]
ukus(alsomarket mechanism)ECONOMICS,COMMERCE
therelationshipbetween thesupplyof ordemandfor aparticularproductorservice, anditsprice:
Thepricemechanismfailswhen thegoodsthatconsumerswantare notproduced.
Examplesofprice mechanism
price mechanism
An example ofpricemechanismin the long term is the oil crisis during the 1970s.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Because there is high uncertainty in the compliance costs of firms, some argue that the optimum choice is thepricemechanism.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Consumer goods were allocated to households by thepricemechanism, except for rationed grain.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
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This example is from Wikipedia and may be reused under a CC BY-SA license.Peer production does not produce commodities for exchange value, and does not use thepricemechanism or corporate hierarchy to determine the allocation of resources.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.It is an example of market imperfection, or market failure, as thepricemechanismfails to bring about equilibrium in the market.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.This came down largely on the side of free trade and thepricemechanism.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Pricemechanismaffects both buyers and sellers who negotiate prices of goods or services.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Another good example ofpricemechanismin the long run is fuel for cars.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Furthermore many capitalist theorists believe that communism interferes with thepricemechanismthat is only optimized in private competition.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Apricemechanismor market-based mechanism refers to a wide variety of ways to match up buyers and sellers through price rationing.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
- discretionary-account
- discretionary authority
- discretionary costs
- discretionary-costs
- discretionary decision
- discretionary decision
- discretionary expenditure
- discretionary fund
- discretionary-fund
- discretionary income
- discretionary-income
- discretionary order
- discretionary-order
- discretionary provision
- discretionary purchase
- discretionary service
- discretionary-service
- discretionary spending
- discretionary-spending
- discretionary trust
- discretionary-trust
- discretion is the better part of valour
- discretion-is-the-better-part-of-valour
- discretization
- discretized