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juin [17]
3 years ago
9

The first commercial in the United States advertised what product?

History
2 answers:
zloy xaker [14]3 years ago
7 0
It advertised watches
Taya2010 [7]3 years ago
5 0
 Bulova clocks and watches.
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3. What role does the consumer play in determining the goods that are produced? (consumer
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3)  Consumer sovereignty concerns the principle of hedonism, individualism and, as some economists often say, selfishness, or exacerbated individual freedom, where the human being has complete freedom to do, whatever he wants and understands and, anywhere, nothing interferes with the decisions of those who need to satisfy their needs. This economic philosophy adopts the principle of laissez faire, or in other words, what works is Adam Smith's infamous <u>invisible hand</u>, or more clearly, the system where the government does not interfere in the economy, it exists only to coordinate the political and social system, without active participation in the development of economic activity. It is what is called in the classic and neoclassical language, an economy of free competition, that is to say, everyone is free before their preferred choices.

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