価か格かく機き構こう

noun

price mechanism

Economics term referring to the system where prices are determined by supply and demand in a market.

• 市し場じょう経けい済ざいでは、価か格かく機き構こうが資し源げんの配はい分ぶんを決きめる。

  In a market economy, the price mechanism determines the allocation of resources.