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
lawyer [7]
3 years ago
6

Consumer sovereignty assumes that which fundamental statement in a market economy is true?

Social Studies
2 answers:
butalik [34]3 years ago
8 0

The correct answer is C.

In a market economy, economic outcomes are determined by the free interactions of economic agents (households, corporations and public sector) in the markets, where they act either as producers or consumers, defining with their choices (production or<u> purchase choices, respectively), the prices and the quantities exchanged of every good and service. </u>

stellarik [79]3 years ago
7 0

The correct answer is C) Through purchase choices, consumers determine the production of goods.

Consumer sovereignty assumes that "Through purchase choices, consumers determine the production of goods."

In a free market, it is the consumer that has the power to decide what to purchase. As there are many options to buy, the consumer can determine the production of goods due to its preferences. It could be through the quality of the product, the durability, the price, the availability, the satisfaction it produces, the functions it covers, and many others. That is why it is so important that companies are always "taking the pulse," listening to what the customers have to say.

You might be interested in
How did the 27th amendment change the constitution?
madam [21]

Answer:

The Twenty-seventh Amendment (Amendment XXVII) to the United States Constitution prohibits any law that increases or decreases the salary of members of Congress from taking effect until the start of representatives' next set of terms of office.

Explanation:

8 0
2 years ago
Is India a western country​
Kisachek [45]

no, India is not a western country ^^

7 0
3 years ago
The psychological expression of internal needs or valued goals is referred to as
sineoko [7]
The psychological expression of internal needs or valued goals is referred to as your drive.
7 0
3 years ago
List and explain 5 different examples of segregation (de facto or de jure). Use full sentences.
Galina-37 [17]

Answer:

   The first steps toward official segregation came in the form of “Black Codes.” These were laws passed throughout the South starting around 1865, that dictated most aspects of black peoples’ lives, including where they could work and live. The codes also ensured black people’s availability for cheap labor after slavery was abolished.

   In 1896, the Supreme Court ruled in Plessy v. Ferguson that segregation was constitutional. The ruling established the idea of “separate but equal.” The case involved a mixed-race man who was forced to sit in the black-designated train car under Louisiana’s Separate Car Act.

   As part of the segregation movement, some cities instituted zoning laws that prohibited black families from moving into white-dominant blocks. In 1917, as part of Buchanan v. Warley, the Supreme Court found such zoning to be unconstitutional because it interfered with property rights of owners.

   The Public Works Administration’s efforts to build housing for people displaced during the Great Depression focused on homes for white families in white communities. Only a small portion of houses was built for black families, and those were limited to segregated black communities.

    Segregation of children in public schools was struck down by the Supreme Court as unconstitutional in 1954 with Brown v. Board of Education. The case was originally filed in Topeka, Kansas after seven-year-old Linda Brown was rejected from the all-white schools there.

3 0
3 years ago
An older adult couple in your neighborhood retired from their jobs as teachers but contnie to work in the community as school vo
Yakvenalex [24]

Answer:They would be a good example of role satisfaction theory of aging which is known as CONTINUITY

Explanation:

Continuity theory refers to a state in which elders maintain their status, same activities, behavior and the relationships they used to have in their youthful days. Based on this theory adults use their previously acquired experience and adjust them in their recent activities.

This is the state in which people aims to maintain balance in their life.

They my not be doing the exact same thing but they still use the same skills they had acquired in their youthful years.

3 0
3 years ago
Other questions:
  • A river depositing sediment in a Delta
    9·1 answer
  • Famous quote from Evelyn Ashford
    7·1 answer
  • How did the civil war change the united states
    13·1 answer
  • An individual answers the Heinz dilemma arguing that Heinz should steal the drug, because "people wouldn't think very much of so
    5·1 answer
  • The ____________ assumption assumes that in the absence of information to the contrary, it is anticipated that a business will o
    12·1 answer
  • Someone please tell me about the Hong Kong protests + the relationship with China for my current event &lt;3
    5·1 answer
  • What’s one reason Americans have had a long-term interest in Cuba
    5·1 answer
  • How do the age based options make it easier for an investor?
    7·1 answer
  • Think about what you have learned about the role that plants
    12·1 answer
  • How have the divison and corrdination of labor evolved at merrits bakery from its begining to today?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!