Price Mechanism in a sentence
Synonym: market forces, pricing system.
Meaning: The process by which prices adjust based on supply and demand.
(1) The price mechanism helps maintain economic stability.
(2) The price mechanism helps coordinate economic activity.
(3) The price mechanism encourages innovation and efficiency.
(4) The price mechanism adjusts to changes in production costs.
(5) The price mechanism helps to allocate resources efficiently.
(6) The price mechanism adjusts to changes in market conditions.
(7) The price mechanism allows for price discovery in the market.
(8) The price mechanism promotes economic growth and development.
(9) The price mechanism allows for the efficient use of resources.
(10) Changes in the price mechanism can influence consumer behavior.
Price Mechanism sentence
(11) The price mechanism helps to maintain equilibrium in the market.
(12) The price mechanism responds to changes in consumer preferences.
(13) The price mechanism helps allocate scarce resources effectively.
(14) The price mechanism allows for price competition among producers.
(15) The price mechanism facilitates the exchange of goods and services.
(16) Market economies rely on the price mechanism to allocate resources.
(17) The price mechanism helps determine the value of goods and services.
(18) The price mechanism helps to distribute income and wealth in society.
(19) The price mechanism helps determine the equilibrium price in a market.
(20) The price mechanism facilitates the efficient allocation of resources.
Price Mechanism make sentence
(21) The price mechanism adjusts to balance supply and demand in the market.
(22) The price mechanism helps determine the value of factors of production.
(23) The price mechanism helps to prevent shortages or surpluses in a market.
(24) The price mechanism helps prevent shortages and surpluses in the market.
(25) The price mechanism helps allocate resources based on relative scarcity.
(26) The price mechanism helps to signal scarcity and abundance in the market.
(27) The price mechanism adjusts prices based on changes in supply and demand.
(28) The price mechanism allows for competition among producers and consumers.
(29) The price mechanism encourages innovation and technological advancements.
(30) The price mechanism helps to determine the equilibrium price in a market.
Sentence of price mechanism
(31) The price mechanism signals producers to increase or decrease production.
(32) The price mechanism responds to changes in the availability of resources.
(33) The price mechanism adjusts prices to reflect changes in production costs.
(34) The price mechanism plays a crucial role in determining supply and demand.
(35) The price mechanism plays a crucial role in coordinating supply and demand.
(36) The price mechanism helps to prevent shortages and surpluses in the market.
(37) The price mechanism helps to prevent market distortions and inefficiencies.
(38) In a free market, the price mechanism adjusts to balance supply and demand.
(39) The price mechanism allows for the efficient allocation of scarce resources.
(40) The price mechanism provides incentives for producers to improve efficiency.
Price Mechanism meaningful sentence
(41) The price mechanism encourages producers to be responsive to consumer needs.
(42) The price mechanism plays a crucial role in allocating resources efficiently.
(43) The price mechanism helps to determine the cost of production for businesses.
(44) The price mechanism helps allocate resources efficiently in a market economy.
(45) The price mechanism helps to allocate resources based on consumer preferences.
(46) The price mechanism promotes economic stability and reduces market volatility.
(47) The price mechanism helps to determine the wages of workers in a labor market.
(48) The price mechanism provides incentives for producers to meet consumer demand.
(49) The price mechanism helps determine the profitability of different industries.
(50) The price mechanism determines the allocation of resources in a market economy.
Price Mechanism sentence examples
(51) The price mechanism allows for the efficient allocation of labor in an economy.
(52) The price mechanism allows for the efficient distribution of goods and services.
(53) The price mechanism helps regulate the flow of goods and services in the market.
(54) The price mechanism encourages producers to increase supply when prices are high.
(55) The price mechanism helps to determine the profitability of different industries.
(56) The price mechanism allows for the efficient allocation of capital in an economy.
(57) The price mechanism encourages producers to respond to changes in consumer demand.
(58) The price mechanism helps to signal scarcity or abundance of a particular product.
(59) The price mechanism helps to determine the cost of borrowing in financial markets.
(60) The price mechanism incentivizes consumers to decrease demand when prices are high.
Sentence with price mechanism
(61) The price mechanism ensures that resources are allocated to their most valued uses.
(62) The price mechanism helps to allocate resources based on consumer purchasing power.
(63) The price mechanism can be affected by changes in technology or production methods.
(64) The price mechanism can be influenced by changes in consumer tastes and preferences.
(65) The price mechanism helps to determine the value of goods and services in the market.
(66) The price mechanism helps to determine the cost of production for goods and services.
(67) The price mechanism helps to determine the value of goods and services in an economy.
(68) The price mechanism helps to coordinate the actions of buyers and sellers in a market.
(69) The price mechanism helps to maintain a balance between supply and demand in a market.
(70) The price mechanism allows for the efficient allocation of labor and capital resources.
Use price mechanism in a sentence
(71) The price mechanism ensures that resources are allocated based on consumer preferences.
(72) The price mechanism can be influenced by global economic factors such as exchange rates.
(73) The price mechanism can be influenced by factors such as government regulations or taxes.
(74) The price mechanism helps to determine the value of assets such as stocks or real estate.
(75) The price mechanism ensures that resources are allocated based on their opportunity cost.
(76) The price mechanism provides incentives for producers to innovate and improve their products.
(77) The price mechanism ensures that goods and services are produced at the right quantity and quality.
(78) The price mechanism allows for the transfer of resources from less efficient to more efficient sectors.
Price Mechanism meaning
The term "price mechanism" refers to the system by which prices are determined in a market economy. It is a crucial concept in economics as it plays a fundamental role in allocating resources and coordinating economic activities. Understanding how to use this term in a sentence can help individuals grasp the significance of price mechanisms in various economic contexts. Here are some tips on how to effectively incorporate the phrase "price mechanism" into your writing:
1. Define the term: When introducing the phrase "price mechanism" in a sentence, it is essential to provide a clear definition.
For example, "The price mechanism, also known as the market mechanism, is the process through which prices are determined by the forces of supply and demand in a market economy."
2. Explain its function: Elaborate on the role of the price mechanism in coordinating economic activities. For instance, "The price mechanism ensures that resources are allocated efficiently by signaling the scarcity or abundance of goods and services through price fluctuations."
3. Provide examples: Illustrate the concept of the price mechanism by incorporating real-world examples. For instance, "In a competitive market, the price mechanism allows for the adjustment of prices based on changes in supply and demand.
For example, when the supply of a particular product decreases, the price mechanism will increase the price to reflect its scarcity."
4. Discuss its impact on decision-making: Emphasize how the price mechanism influences consumer and producer behavior. For instance, "The price mechanism guides consumers in making purchasing decisions by signaling the relative value of goods and services. Additionally, it incentivizes producers to allocate resources efficiently by responding to price signals."
5. Highlight its role in resource allocation: Discuss how the price mechanism helps allocate resources effectively.
For example, "The price mechanism ensures that resources are directed towards the production of goods and services that are in high demand, as higher prices indicate greater consumer preference."
6. Analyze its advantages and limitations: Consider discussing the strengths and weaknesses of the price mechanism. For instance, "While the price mechanism is generally efficient in allocating resources, it may not always account for externalities or address market failures. Therefore, policymakers often intervene to correct market distortions."
7. Connect it to broader economic concepts: Relate the phrase "price mechanism" to other economic principles to provide a comprehensive understanding.
For example, "The price mechanism is closely linked to the concept of equilibrium, as prices adjust to balance supply and demand. It also intersects with the theory of elasticity, as price changes can have varying impacts on demand."
8. Discuss its relevance in different economic systems: Highlight how the price mechanism operates differently in various economic systems. For instance, "While the price mechanism is a central feature of market economies, centrally planned economies rely on alternative mechanisms, such as government-set prices." By following these tips, you can effectively incorporate the phrase "price mechanism" into your writing, providing a comprehensive understanding of its significance in economics.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Price Mechanism. They do not represent the opinions of TranslateEN.com.