i thought the same 4 q2 !! but the ms talks abt some weird consumer n producer sovereignty :/
oh ohk q6 !! like multiplier n stuff ?
yea for 2 , we ultimately explain those two terms when we say about hw resorces are allocated in market structures , i.e in free market/ perfect competition consumer soverignity i.e prices are controled by consumers & in other markets i.e monopolistic & oligapolistic markets more or less towards producers , they set the price & resorces. so we explain about em when we talk abot different market structures , thaugh we might not specifically name em
yea in q6 u could explain about multiplier ,