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Phantasy [73]
3 years ago
10

Consumer sovereignty means that legislation now protects the rights of consumers to dispose of their incomes as they see fit.

Business
1 answer:
Gelneren [198K]3 years ago
3 0

Answer:

The correct answer is B false.

Explanation:

Consumer sovereignty mean consumers are the final authority to determine which goods are the most suitable to fulfill their needs and that is the reason why their decisions, preferences and habits should be the starting point of any new invention. Means the holder of scarce resource has to produce those products that customers wants to satisfy their need. The power of consumer spending is the best judge of what to produce.

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