WAEC Commerce 2015 Objective — Question 15
Question 15 of 50 from the West African Examinations Council (WAEC) Commerce 2015 Objective paper, with the correct answer and a full explanation.
Advertisement
The term consumer sovereignty means that the
- A. seller is the king
- B. product is supreme
- C. buyer is the kingCorrect
- D. producer is the king
Explanation
Consumer sovereignty means consumers are the king in the process of buying and selling.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.