Question

Select the correct answer.

What is consumer
sovereignty?
O A.
It is the right of consumers to
lodge complaints against fraud and misconduct.
O B.
It is the control exercised by consumers' preferences on the production of goods.
O C.
It is the ability of a producer to respond to consumers' needs
and preferences.
O D.
It is the recall of consumer products deemed unfit for consumption.

Answer 1

B: because it is the situation in an economy where the desires and needs of consumers control the output of producers.