What are the four characteristics of the price system?

The four characteristics of the Price System are

·Neutral

·Market-Driven

·Flexible

·Efficient

Explanation

It is neutral because the prices isn't in favor of the manufacturers or consumers will.

It is market-driven because, for each product, the market determines the price which depends on the productivity of the product.

It is flexible because as seen in the previous factor, when market conditions vary, prices adapt instantly.

It is efficient because the prices of products adjust to the sale level increasing chances of profit.

[content deleted] - user123802726recklesschicken

hello,

answer: a federal government has final authority on interstate/inter provincial  and international affairs, a confederation is one where the central/national government or authority is governing body what does not have final say over the same matters. hopefully this and i will try again if you don't like this answer : )

best of luck!