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fgiga [73]
3 years ago
7

The price system is an important component of the market because it

Business
1 answer:
WINSTONCH [101]3 years ago
6 0

The price system is an important component of the market because it  coordinates the activities of producers, consumers, and owners of resources.

The answer to this question is option c. In economics the price system can simply be described as the way of organizing economic activities.

In order to do this, it coordinates the decisions of the buyers, the suppliers or the producers, and the owners of productive resources.

Read more on brainly.com/question/13497344?referrer=searchResults

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Based on writing standards, the inquiry letter for purchase should begin with the sender's address and be written like a formal letter.

<h3>Structures of Letter of Inquiry.</h3>
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Hence, in this case, it is concluded that there are specific ways to write a good inquiry letter.

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