Examlex
The mass media seldom collect and define facts for their audiences because most media presentations reflect the values and orientations of the audiences themselves.
What Will Be Produced
A fundamental economic question that addresses the kinds of goods and services to be made available in an economy, determined by factors such as resources, technology, and consumer preferences.
Consumer Sovereignty
The idea that what consumers want influences the goods and services produced in an economy.
Conform To Consumer Demands
Adjusting product offerings, services, or business practices to meet the expectations and preferences of consumers.
Economically Efficient
A state where resources are allocated in a way that maximizes the net benefit to society, with no waste.
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