1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
meriva
3 years ago
14

What is consumer sovereignty?

History
2 answers:
umka21 [38]3 years ago
5 0
The correct answer is 2. Consumer sovereignty is the control exercised by consumers' preferences on the production of goods.
grigory [225]3 years ago
4 0

The consumer sovereignty is the control exercised by consumers' preferences on the production of goods (Option 2). According to this theory or economic concept, the consumers have the power to judge what goods as well as services are produced. The consumers in their role of citizens decide on the production of goods and services which is determined by the consumers' demand. As a result, the firms will respond to consumers' preferences and will produce the goods considering the consumers' demands.


You might be interested in
Why did political parties switch to national conventions to nominate presidential candidates? to exclude certain people from the
VladimirAG [237]

 

To include more people in the process

The national convention is intended to vote for winners from the primary caucuses and select a presidential candidate. the movement is to encourage people who considered themselves as partisans to participate in their party's presidential selection process.






4 0
3 years ago
Read 2 more answers
What level of government is solely responsible for foreign policy?
dlinn [17]

Answer:

The different level of government is solely responsible for foreign policy while the state governments and local governments may only make only make domestic policy.

6 0
3 years ago
What was the purpose of the Federalist Papers?
KengaRu [80]

Answer:

The Federalist Papers were written and published to urge New Yorkers to ratify the proposed United States Constitution, which was drafted in Philadelphia in the summer of 1787

4 0
3 years ago
Read 2 more answers
Describe what the purpose of a confederation is and provide an example of one.
Gwar [14]

Answer:

A confederate system, or confederation, operates with a loose relationship between small local governments, which cooperate to common goals, while maintaining total autonomy. ... The best known example of confederation is the Confederate States of America, which ruled the American South during the Civil War.

3 0
2 years ago
This is the name given to a circular chart that is divided into pieces in order to represent proportions
yawa3891 [41]

Ohhhhhhhhhh ohhhhhhh

7 0
3 years ago
Other questions:
  • Which of these states was created as a result of the Northwest Ordinance?
    15·2 answers
  • When President Johnson vetoed a law that would extend the Freedmen’s Bureau, Congress reacted by supporting the veto and closing
    8·1 answer
  • By which process can the us government be changed ?
    6·2 answers
  • How many first generation students come from immigrant parents?
    8·1 answer
  • Who is the father of modern political science
    6·1 answer
  • The Mexican War began a year after
    14·1 answer
  • Can someone please help me to do a history project? It’s a about a migrants
    10·1 answer
  • A people without the knowledge of their past history, origin and cultural is like a tree without roots” the idea gravey express
    15·1 answer
  • Summarize the Mexican National Era in 3-4 sentences.​
    8·1 answer
  • Map illustrate? What is the significance of the different
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!