The saying that the 'consumer is always right' describes the doctrine of
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Correct Answer: Option C
Explanation:
Consumer sovereignty is the idea that consumers have the power to influence what producers produce through their purchasing decisions. Producers generally respond to the preferences and demands of consumers in the market.
Consumer sovereignty is the idea that consumers have the power to influence what producers produce through their purchasing decisions. Producers generally respond to the preferences and demands of consumers in the market.