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Home > Terms > Armenian (HY) > գնային մեխանիզմ
գնային մեխանիզմ
Price mechanism is an economic term that refers to the buyers and sellers who negotiate prices of goods or services depending on demand and supply. A price mechanism or market-based mechanism refers to a wide variety of ways to match up buyers and sellers through price rationing.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
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Numerous ways that people with access to the Internet can do business from their computers.
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