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dem82 [27]
3 years ago
15

In a free market system how are incentives related to the principal of consumer sovereignty

History
1 answer:
kondor19780726 [428]3 years ago
3 0

consumer sovereignty mean basically results in the consumers determining what the producers manufacture. In a free market, what is produced is determined by consumers’ willingness and ability to pay. This is reflected in the forces of supply and demand that interact in a free market

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