One of the features of a free market economy is

Options

A. One of the features of a free market economy is
B. public ownership of factors of production
C. rationing and price control
D. consumer's sovereignty

Answer

D

Explanation

Consumer Sovereignty is one of the features of a free market economy. It refers to the assertion consumer preferences determine the production of goods and services. In a free market system, market performance is in fact responsive to the specific wants of the consumers with in the system.