For which of the following questions would consumer sovereignty provide an answer?
A) Will a shovel or bulldozer be used to excavate the ground?
B) Should the government provide trash collection services in the community?
C) Should we have universal health coverage provided by the government?
D) Will large or small cars sell the most this year?
E) Should there be numerous competitors offering long-distance phone service to the consumer?

Question

Quizplus · Accepted Answer

Consumer sovereignty refers to the power of consumers to determine what goods and services are produced in the market. The question about which size of cars will sell the most is directly related to consumer preferences and choices.

For Which of the Following Questions Would Consumer Sovereignty Provide