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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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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.

User Teressa
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1 Answer

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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.

User Claire Huang
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