When air is replaced by a dielectric medium of constant K, the maximum force of attraction between two charges separated by a distance

Electrostatic

When air is replaced by a dielectric medium of constant K, the maximum force of attraction between two charges separated by a distance decreases K times

Price Mechanism

Basic Problems Of An Economic And Working Of Price Mechanism

In every society there are legal and social institutions. Individual economic actions must conform to them. In a free enterprise economy to which the price system primarily relates, the factors of production are privately owned. The raw materials, the machines, factories and farms are owned by individuals who are at liberty to dispose of them in accordance with the prevalent laws of the country.