| 词汇 | price-mechanism |
| 释义 | price mechanism noun[ C ] ukus(alsomarket mechanism) ECONOMICS, COMMERCE the relationship between the supply of or demand for a particular product or service, and its price: The price mechanism fails when the goods that consumers want are not produced. Examples of price mechanismprice mechanism An example of pricemechanism in the long term is the oil crisis during the 1970s. From 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 the pricemechanism. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Consumer goods were allocated to households by the pricemechanism, except for rationed grain. From Wikipedia 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 the price mechanism or corporate hierarchy to determine the allocation of resources. From 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 the pricemechanism fails to bring about equilibrium in the market. From 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 the pricemechanism. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Pricemechanism affects both buyers and sellers who negotiate prices of goods or services. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Another good example of pricemechanism in the long run is fuel for cars. From 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 the pricemechanism that is only optimized in private competition. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A pricemechanism or market-based mechanism refers to a wide variety of ways to match up buyers and sellers through price rationing. From 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. |
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