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Thursday, 02 April 2026
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The term consumer sovereignty means that?

The term consumer sovereignty means that?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Seller is the king
  • B Product is supreme
  • C Buyer is the king
  • D Producer is the king
Correct Answer: Option C
Explanation:
Consumer sovereignty; is the situation in an economy where the desires and needs of consumers control the output of producers.

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