"Consumer Sovereignty" Refers to the

question 172

Multiple Choice

"Consumer sovereignty" refers to the

• A) fact that resource prices are higher than product prices in capitalistic economies.
• B) idea that the pursuit of self-interest is in the public interest.
• C) idea that the decisions of producers must ultimately conform to consumer demands.
• D) fact that a federal agency exists to protect consumers from harmful and defective products.

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Definitions:

Fragment

In writing, an incomplete sentence or piece of text missing essential components such as subject or predicate.

Run-on

A run-on sentence occurs when two or more independent clauses are connected improperly without appropriate punctuation or conjunction.

Fragment

A small part broken or separated off something.

Open Mind

The willingness to consider or accept new and different ideas or opinions.