Multiple Choice
Consumers are sovereign when
A) prices are decided by sellers.
B) they control the government.
C) they can prevent market failure.
D) they have the freedom to decide what they wish to purchase.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q34: Market failure means that<br>A) the strike organized
Q100: Recipients of Medicare tend to demand a
Q119: Public goods are desired because<br>A) people want
Q223: Over the past 40 years, there has
Q253: The purpose of an effluent fee is
Q267: If a government determines that the provision
Q291: Public elementary and high school education in
Q294: When does a subsidy that benefits consumers
Q297: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5013/.jpg" alt=" A shift from
Q312: One way of addressing the associated market