Consumer sovereignty is more likely to be observed in what type of economic system?A) Both A and BB) Laissez faire economiesC) Command economiesD)Neither A or B

The theory of consumer sovereignty implies that the buyer knows what's best for himself or herself…

Answered: Consumer sovereignty is more likely to…

Consumer sovereignty is more likely to be observed in what type of economic system? A) Both A and B B) Larssez faire economies C) Command economies D) Neither A or B

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter29: Economies In Transition

Section: Chapter Questions

Problem 7SQ

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Question

Consumer sovereignty is more likely to be observed in what type of economic system?
A) Both A and B
B) Laissez faire economies
C) Command economies
D)Neither A or B

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