Multiple Choice
Arrow's impossibility theorem suggests that:
A) a voting system will be ideal if the properties of intransitivity and dependence of irrelevant alternatives are satisfied
B) a voting system will be ideal if some form of dictatorship is allowed
C) under certain conditions, there is no scheme for aggregating individual preferences into a valid set of social preferences
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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