Would it be more accurate to say that consumers are sovereign over what goods are produced in
Question:
Would it be more accurate to say that consumers are sovereign over what goods are produced in a market system or that consumers are sovereign over which of the goods will continue to be produced and which producers survive to continue in production?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (6 reviews)
Both Summary In a very real sense consumers are sovereign over all the ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Which of the following will improve your bargaining position when contracting with a supplier. a. You are better able to accommodate other suppliers' brands b. You must only buy the raw material from...
-
Would it be more efficient to enable employees to vote on decisions with majority rule or to assign the CEO full responsibility for decisions? Explain.
-
In simple linear regression, which of the following will always be true? a. SSR > SSE b. SST = SSR + SSE c. SST SSE = SSR d. SSR/ SST + SSE/ SST = 1.0 e. r 2 = 1 SSE/ SST f. 0 < r < 1
-
Problem 9- 3A Estimating and reporting bad debts P2 At December 31, 2013, Hawke Company reports the following results for its calendar year. Cash sales . . . . . . . . . . $ 1,905,000 Credit sales ....
-
The Twenty-First Century closed-end fund has $350 million in securities, $8 million in liabilities, and 20 million shares outstanding. It trades at a 10 percent discount from net asset value (NAV)....
-
In August 2018, a customer at TU Bank slipped on a wet floor and broke an arm. The customer sued the bank in September 2018. As of TU Bank's December 31 year-end, the company's attorneys believe that...
-
David Johnson started this business with the aim of making a good living. However, to date he has not paid himself wages or dividends because the business is new and growing. Ultimately the business...
-
Refer to the facts in Exercise 11-42. After the publication of recent scientific test results, the government has banned the sale of product KC. IF KC is produced, it must be disposed of in an...
-
15.A ray of light is incident on a slab as shown in figure. The refractive index of medium of slab changes as =1+ y. The angle made by ray with x-axis at y = 2 is 30 0 air 2
-
What are some common forms of product differentiation?
-
What are the arguments made against advertising?
-
Most leaves can be quite thin. Why? What would be the condition of lower layers in a thick leaf?
-
John Smith is a successful business owner who recently decided to take on a management class to help him better understand the intricacies of managing a business. The class was focused on the various...
-
Write a unique essay and contain a personal reflection on integrity on education around 400 words, exactly 400 words, please.?
-
What is the total asset turnover for Darden in 2019?
-
AE had the following three options to increase capacity: expand current facility, new plant alongside the existing plant, and new plant in a different location. Analyze the pros and cons of each...
-
If f(x) == 16x+3, find the slope of the secant line between the values of 1 = - - 8 and 2 = 8.
-
What is your assessment on how each party handled the situation?
-
A test car is driven a fixed distance of n miles along a straight highway. (Here n Z+.) The car travels at one mile per hour for the first mile, two miles per hour for the second mile, four miles...
-
As reported in the text, we estimated Nikes quarterly revenue (in billions of dollars) function as R = 3.820 + 0.139t + 0.168D 1 + 0.482D 2 + 0.594D 3 . What does this estimated equation tell us...
-
Ghose and Han (2014) found that the elasticity of demand for Google Play apps is 3.7. (See the Mini-Case: Demand Elasticities for Google Play and Apple Apps.) This elasticity applies to a small...
-
The Mini-Case, Anti-Smoking Policies May Reduce Drunk Driving describes how the equilibrium changed in the market for alcoholic beverages when tobacco taxes rose. Use a supply-and-demand diagram to...
-
What are the implications of the visionary leadership style for your current position as Dean of a college?
-
Find the inverse A- of A = = 1 -4 2-3
-
What implication does the notion of grieving styles have for the practice of grief counselling ?
Study smarter with the SolutionInn App