Consumer sovereignty means that consumers vote with their dollars in a market economy, which helps determine what is produced.
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Q15: An increase in an economy's capital stock
Q16: Capital accumulation causes the production possibilities curve
Q17: Any output combination outside the production possibilities
Q18: Movement from one point on the production
Q19: An increase in available resources will tend
Q21: Which of the following is not a
Q22: A market economy answers the question "how"
Q23: Which of the following best distinguishes a
Q24: A system of economic organization in which
Q25: Which of the following is considered to
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