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    Microeconomics Study Set 4
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    Exam 4: The Market System and the Private and Public Sector
  5. Question
    The Idea That in a Market System the Consumer Determines
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The Idea That in a Market System the Consumer Determines

Question 4

Question 4

Multiple Choice

The idea that in a market system the consumer determines what is to be produced is called:


A) consumer monopoly.
B) habeas corpus.
C) consumer sovereignty.
D) business sovereignty.
E) caveat emptor.

Correct Answer:

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