Multiple Choice
The idea that consumers ultimately dictate what will be produced by choosing what to purchase is known as
A) laissez-faire.
B) the economic problem.
C) centralized decision making.
D) consumer sovereignty.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q61: Refer to the information provided in Figure
Q62: Related to the Economics in Practice on
Q67: The government produces only what the market
Q70: Which of the following statements is NOT
Q71: Which of the following does NOT constitute
Q108: Refer to the information provided in Figure
Q116: Refer to the information provided in Figure
Q181: Refer to the information provided in Figure
Q202: The concept of opportunity cost is based
Q217: A society's production possibility frontier is bowed