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Author Question: You and two friends are going to the movies and are going to one of three movies: A, B, or C. You ... (Read 63 times)

RODY.ELKHALIL

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on: Apr 19, 2019

Question 1

Social choice involves all of the following 
except


◦ deciding what society wants.
◦ aggregating over individual preferences.
◦ understanding the incentives facing politicians and public servants.
◦ consistently efficient decisions through the use of majority rule voting.

Question 2

You and two friends are going to the movies and are going to one of three movies: A, B, or C. You prefer movie A to movie B and movie B to movie C. One of your friends prefers movie B to movie C and movie C to movie A. You other friend prefers movie C to movie A and movie A to movie B. The three of you decide to use majority rule voting to decide which movie you will see. If you first have a vote between movies A and B and then between the winner of that vote and movie C, then movie ________ will win. However, if you first vote between movies A and C and then between the winner of that vote and movie B, then movie ________ will win. This is an example of the ________.


◦ C; B; voting paradox
◦ B; C; impossibility theorem
◦ A; C; voting paradox
◦ A; B; majority rule voting
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by RODY.ELKHALIL on Apr 19, 2019

blfontai

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Reply #1 on: Apr 19, 2019
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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RODY.ELKHALIL

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

raenoj

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Reply 3 on: Yesterday
Excellent

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