In economics, the power of the consumer to control what is produced is called a. consumer sovereignty. b. consumer power. c. consumer wealth. d. consumer cost.

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Claire Huang · Answer 1 · 2017-10-02T10:25:32+0000

a. consumer sovereignty.

Consumer is a person who buys goods and services.

Producer is a person who provides the goods and services the consumer needs.

The business owner who sells clothes and the farmer who sells his crops are examples of producers.

In economics, the power of the consumer to control what is produced is called a. consumer sovereignty. b. consumer power. c. consumer wealth. d. consumer cost.

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