Question

Consumers influence how goods and services are made by _____.

Answer 1

Choosing which goods and services to buy.

Answer 2

Answer: choosing which goods and services to buy

Explanation:

Consumers choose the goods and services to buy because they have the purchasing power and this is known as consumer sovereignty. Thus, consumer sovereignty is known as the capability or ability of consumers in influencing the production of goods through the goods and services they buy because producers tend to produce the goods and services demanded by consumers in the market in order to get profit.