Consumer sovereignty involves the right to choose.

Name: Consumer sovereignty involves the right to choose.
Brand: Quizplus
Rating: 4.7 (48 reviews)

Question

Quizplus · Accepted Answer

Consumer sovereignty is the principle that consumers ultimately determine which goods and services will be produced through purchasing decisions. It is based on the idea that consumers have the right to choose what they want to buy, and producers will respond to their demand by producing and offering those products or services.

Consumer Sovereignty Involves the Right to Choose