JAMB - Economics (1986 - No. 3)
Under normal circumstances, the concept of consumers sovereignty implies that
the consumer and not the producer owns the means of production
the producer and not the consumer determines what is to be produced
the consumer and not the producer determines what is to be produced
both the consumer and the producer determines what should be produced
คำอธิบาย
Consumer sovereignty is the economic concept that the consumer has some controlling power over goods that are produced.