Ask Question
24 April, 17:37

In a free market system how are incentives related to the principal of consumer sovereignty

+5
Answers (1)
  1. 24 April, 18:14
    0
    consumer sovereignty mean basically results in the consumers determining what the producers manufacture. In a free market, what is produced is determined by consumers' willingness and ability to pay. This is reflected in the forces of supply and demand that interact in a free market
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In a free market system how are incentives related to the principal of consumer sovereignty ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers