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Consumer Sovereignty Is the Assumption That

Question 18

Multiple Choice

Consumer sovereignty is the assumption that:


A) consumers are guaranteed to experience equality of opportunity in the product market.
B) economic freedom exists for consumers in an oligopolistic market.
C) the work ethic of individuals is extremely diligent in all instances.
D) the producer is servant to the consumer.
E) the consumer is servant to the producer.

Correct Answer:

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