Available online
Description
The pros and cons of the consumer sovereignty theory of determining prices, and how this principle does not work in certain cases, especially where social costs are concerned.
The pros and cons of the consumer sovereignty theory of determining prices, and how this principle does not work in certain cases, especially where social costs are concerned.
| Module code and title: | D100, Understanding society: a foundation course |
|---|---|
| Item code: | D100; 10 |
| Recording date: | 12-02-1971 |
| First transmission date: | 1971-03-17 |
| Published: | 1971 |
| Rights Statement: | Rights owned or controlled by The Open University |
| Restrictions on use: | This material can be used in accordance with The Open University conditions of use. A link to the conditions can be found at the bottom of all OUDA web pages. |
| Duration: | 00:22:27 |
| + Show more... | |
| Producer: | Nigel Houghton |
| Contributors: | Derrick Brooman; Hugh Dalton; Norman Shelley |
| Publisher: | BBC Open University |
| Keyword(s): | Consumer wants; Market demands; Market intervention; Satisfaction of wants |
| Master spool number: | TLN06FM089J |
| Production number: | TLN06FM089J |
| Available to public: | no |
