Price Mechanism Definition:
Explain how changes in supply and demand affect the value of goods and services. Impurity causes an increase in the number, an excessive decrease in the number.
Literal Meanings of Price Mechanism
Meanings of Price:
An amount that is given as an expectation, need or payment for something.
Gaining experience or harming or performing as a condition of achieving a goal.
Decide the amount you need to pay for it (to sell something).
Find or price (something to sell).
Sentences of Price
The price of success is a day of debate.
Synonyms of Price
valuation, sum, worth, suffering, expenditure, bane, trial, fix/set the price of, undesirable consequence, expense, (monetary) value, trouble, downside, bill, total, assay, outlay, levy, snag, quotation, burden, payment, tribulation, torment, selling price, damage, deprivation, disadvantage, disbenefit
Meanings of Mechanism:
A system of parts that works together in one machine, parts of a machine.
The theory that all natural phenomena, including life and thought, can be explained by mechanical or chemical processes.
Sentences of Mechanism
The third motor operates the ribbon release mechanism.
Immune system mechanisms for detecting pathogens
Synonyms of Mechanism
gear, motor, works, components, workings, movement, wheels, power source, gizmo, motion, action, tool, contrivance, engine, gears, innards, guts, machinery