menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 2: The Economic Problem: Scarcity and Choice
  5. Question
    The Idea That Consumers Ultimately Dictate What Not to Produce
Solved

The Idea That Consumers Ultimately Dictate What Not to Produce

Question 17

Question 17

Multiple Choice

The idea that consumers ultimately dictate what not to produce by choosing what not to purchase is known as


A) laissez-faire.
B) the economic problem.
C) centralized decision making.
D) consumer sovereignty.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: Specialization and trade exploit differences in productivity

Q13: Refer to the information provided in Figure

Q14: Comparative advantage refers to the ability to

Q15: Refer to the information provided in Figure

Q16: Economic growth most likely occurs when<br>A) a

Q18: Refer to the information provided in Figure

Q19: Refer to the information provided in Figure

Q20: Price is the coordinating mechanism in a

Q21: In economics, the term "investment" refers to

Q22: Refer to the information provided in Figure

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines