The Idea That in a Market System the Consumer Determines

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.

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Definitions:

Keratin

A type of protein found in hair, nails, and the outer layer of skin, providing protection and structural integrity.

Stratified Cuboidal Epithelium

A type of epithelial tissue composed of multiple layers of cube-shaped cells, typically found in glandular ducts and some parts of the urinary tract.

Mammary Glands

Specialized organs in mammals that produce milk to nourish newborns, located in the breasts.

Storing Energy Reserves

The process of accumulating and conserving energy in the body, often in the form of fat or glycogen, for future use.