if consumer sovereignty is considered greatest in a system of pure competition, why is sovereignty still…

if consumer sovereignty is considered greatest in a system of pure competition, why is sovereignty still limited?\nconsumers still rely on producers’ set prices.\nfew products are actually sold on the basis of pure competition.\nchoices are driven by price when goods are identical.\nlimited price variations restrict actual choice.

if consumer sovereignty is considered greatest in a system of pure competition, why is sovereignty still limited?\nconsumers still rely on producers’ set prices.\nfew products are actually sold on the basis of pure competition.\nchoices are driven by price when goods are identical.\nlimited price variations restrict actual choice.

Answer

Brief Explanations:

In pure - competition, goods are identical. Consumers' choices are mainly driven by price. Since products are homogeneous, consumers have limited real - choice options beyond price differences.

Answer:

C. Choices are driven by price when goods are identical.