SAT, 28.09.2021 02:30 tatilynnsoto17

If consumer sovereignty is considered greatest in a system of pure competition, why is sovereignty still limited? Consumers still rely on producers’ set prices. Few products are actually sold on the basis of pure competition. Choices are driven by price when goods are identical. Limited price variations restrict actual choice.

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If consumer sovereignty is considered greatest in a system of pure competition, why is sovereignty s...