The term consumer sovereignty refers toa the idea that the, Ask an Expert

Economics

The term consumer sovereignty refers to...

(a) the idea that the consumers try to maximize their expenditures

(b) the fact that consumers choices are limited to what the producers decide to produce

(d) a situation in which the government decides what is produced

(e) the idea that consumers ultimately determine what is produced

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91705702

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