Which of the following statements about consumer sovereignty is true?(1 point)
Responses
Influence of consumers over government rules regulate the marketplace.
Influence of consumers over government rules regulate the marketplace.
Conditions where buyers and sellers are willingly engaging in market transactions.
Conditions where buyers and sellers are willingly engaging in market transactions.
Consumers' needs and wants dictate what goods and services producers provide.
Consumers' needs and wants dictate what goods and services producers provide.
Consumers dictate the prices of goods and services.
Consumers dictate the prices of goods and services.