Multiple Choice
"Consumer sovereignty" means that
A) buyers can dictate the prices at which goods and services will be offered.
B) advertising is ineffective because consumers already know what they want.
C) buyers control the quality of goods and services through regulatory agencies.
D) buyers determine what will be produced based on their "dollar votes" for the goods and services offered by sellers.
Correct Answer:

Verified
Correct Answer:
Verified
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