What is consumer sovereignty? A.
It is the right of consumers to lodge complaints against fraud and misconduct.
B.
It is the control exercised by consumers’ preferences on the production of goods.
C.
It is the ability of a producer to respond to consumers’ needs and preferences.
D.
It is the recall of consumer products deemed unfit for consumption.

Which statement best describes standard oil in the late 1800s? standard oil controlled only a small number of the nation’s oil refineries. standard oil was a single business that operated in a small region. standard oil controlled only the means and methods of oil production. standard oil owned ninety percent of all oil refineries in the united states.