Economy, asked by kritirai468, 28 days ago

in which economic system consumers sovereignty is present?​

Answers

Answered by swarajsss987
9

Answer:

In a capitalist economy, the consumer has freedom of choice. That is why he is regarded as a sovereign, king or queen. This is what is meant by consumer's sovereignty. The consumer is free to buy any commodity and in whatever quantities his likes.

Explanation:

:)

Answered by swaroopkadam
0

Explanation:

In a capitalist economy, the consumer has freedom of choice. That is why he is regarded as a sovereign, king or queen. This is what is meant by consumer's sovereignty. The consumer is free to buy any commodity and in whatever quantities his likes.

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