Ask Question
14 July, 01:19

The consumer's power to control what is produced is called

+1
Answers (2)
  1. 14 July, 01:37
    0
    The consumer's power to control what is produced is "consumer sovereignty"
  2. 14 July, 05:01
    0
    The consumer’s power to control what is produced is called consumer sovereignty. Consumer sovereignty is when the wants and needs of the consumer control the outputs of producers. In other words, producers and company’s make sure they are only putting items into the market that they know their consumers wants. If they don’t think they want them, then they will make sure to not produce them in the event they do not sell.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The consumer's power to control what is produced is called ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers