In a free enterprise economy, the market forces of supply and demand that determine the pricing of products and commodities are known as:

Name: In a free enterprise economy, the market forces of supply and demand that determine the pricing of products and commodities are known as:
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The price mechanism, also known as the price system, is the concept that describes how prices are determined through the forces of supply and demand in a free market. This mechanism helps in allocating resources efficiently.

In a Free Enterprise Economy, the Market Forces of Supply