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Author Question: When each member of a group has transitive preferences but the collective preferences of the group ... (Read 125 times)

tiara099

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on: Jun 29, 2018
When each member of a group has transitive preferences but the collective preferences of the group are not transitive, this is an anomaly known as the ________.
 
  Fill in the blank(s) with correct word

Question 2

In the United States, although people in different income groups pay different tax rates, every dollar earned by a specific individual is taxed at the same rate.
 
  Indicate whether the statement is true or false


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macmac

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Condorcet paradox.

Answer to Question 2

FALSE


tiara099

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

scikid

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Reply 3 on: Yesterday
Excellent

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