The Arrow impossibility theorem states that
A) it is impossible for a majority voting system not to consistently represent the preferences of voters.
B) it is impossible to separate corporate desires from public bureaucracy.
C) no system of voting can be devised that will ensure a 100 percent voter turnout.
D) no system of voting can be devised that will always consistently represent the underlying preferences of voters.
Question 2
If a worker can produce 20 units of output which can be sold for 4 per unit, what is the maximum wage that firm should pay to hire this worker?
A) It depends on what the going wage rate is in the labor market.
B) 80 minus the firm's profit markup
C) 80
D) There is insufficient information to answer the question.
Urinary system
lymphatic system
Outline of the System That Controls Drinking
The respiratory system.
The Female Reproductive System (2 of 2)
Nervous System Regulation of the Heart