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Explain How the Free-Market Mechanism Adjusts Prices So That Resource

question 21

Essay

Explain how the free-market mechanism adjusts prices so that resource allocation is economically efficient.


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Organizational

Relating to the structure or coordination of components within a company or institution.

Job Insecurity

The fear or risk of losing one's job, often due to economic conditions, organizational changes, or industry disruptions.

Safety Motivation

The drive and commitment within individuals or organizations to follow practices and take proactive measures to ensure safety and prevent accidents.

Voluntary Sabbaticals

A period in which an employee takes leave from their job voluntarily, often for personal development, rest, or travel.

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