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Author Question: Economist Kenneth Arrow has shown mathematically that no system of voting will consistently ... (Read 51 times)

lracut11

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on: Jun 29, 2018
Economist Kenneth Arrow has shown mathematically that no system of voting will consistently represent the underlying preferences of voters. This finding is called
 
  A) Arrow's median voter model.
  B) Arrow's Amendment to the public choice model.
  C) Arrow's majority vote paradox.
  D) the Arrow impossibility theorem.

Question 2

As more output is produced, the marginal product of labor declines
 
  A) because of the law of diminishing returns. B) because the firm's marginal revenue declines.
  C) if the firm's output supply curve is inelastic. D) if firms reduce the wage paid to labor.
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Zebsrer

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lracut11

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

laurnthompson

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Reply 3 on: Yesterday
Excellent

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