Consumer sovereignty and "dollar votes" guide the market system in dealing with which fundamental economic question?
A) Which output will be produced?
B) How is the output to be produced?
C) How can the system accommodate change?
D) Who is to receive the output?

Question

Quizplus · Accepted Answer

Consumer sovereignty and "dollar votes" directly influence which goods and services are produced, as producers respond to the preferences and spending patterns of consumers.

Consumer Sovereignty and "Dollar Votes" Guide the Market System in Dealing