Price Mechanism YUP 1.5 / 5 based on 3 ratings ? EconomicsCompetitive marketsASEdexcel Created by: David BamfordCreated on: 01-05-12 19:23 If supply decreases... consumer will decrease the amount they demand 1 of 3 The price mechanism allows Consumer to signal the changing nature of their needs and wants 2 of 3 Decesion making is.... decentralised 3 of 3
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