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Price Mechanism

Price Mechanism | Economic | Scoop.it
Definition: Price mechanism refers to the system where the forces of demand and supply determine the prices of commodities and the changes therein. It is the buyers and sellers who actually...
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Museum entry fees around the world

Museum entry fees around the world | Economic | Scoop.it
It's 10 years since the public were guaranteed free entry to some UK museums. How has the policy spread around the world?
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What is price mechanism? definition and meaning

What is price mechanism? definition and meaning | Economic | Scoop.it
Definition of price mechanism: System of interdependence between supply of a good or service and its price. It generally sends the price up when supply is below demand, and down when supply exceeds demand.
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Free museums show rise in visits

Free museums show rise in visits | Economic | Scoop.it
Government-sponsored museums that dropped charges since 2001 have seen combined visitor numbers more than double since, figures show.
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Museums enjoy 10 years of freedom

Museums enjoy 10 years of freedom | Economic | Scoop.it
Visitor numbers at government-sponsored museums and galleries have shot up in the decade since free entry was guaranteed - but who has benefited most, and can it continue?
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