Problem1 in what sense is the consumer sovereign in market, Ask an Expert

Economics

Problem

1. In what sense is the consumer sovereign in market economies?

2. In a market economy, how will the allocation of resources be affected by technological advances which significantly reduce the cost of producing a particular good?

3. What is 'mixed' in a mixed economy?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92761985

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