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Information × Registration Number 2116U001915, Article popup.category Thesis Title popup.author popup.publication 01-01-2016 popup.source_user Сумський державний університет popup.source http://essuir.sumdu.edu.ua/handle/123456789/49046 popup.publisher Sumy State University Description The market mechanism is the mechanism of interrelation and interaction of the basic elements of the market – demand, supply, prices, competition, and the basic economic laws of the market. Supply and demand are interdependent elements of the mechanism. The former is determined by the solvent demand of consumers and offer a set of goods proposed by sellers. The ratio between them is formed in an inverse relationship, determining the corresponding changes in the level of prices for goods. popup.nrat_date 2025-05-12 Close