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Frank is given the choice between pizza and hotdogs and chooses pizza. Then, before serving him, his host tells Franks he could have a hamburger. Frank says he wants a hot dog. Which of the properties of Arrow's impossibility theorem does Frank violate?
Production Era
A historical period in business thought where the focus was primarily on production efficiency and manufacturing output, often at the expense of customer needs or desires.
Consumer Demand
The desire of purchasers for products or services that they are willing and able to buy at given prices.
New Strategies
Innovative approaches and plans developed to achieve specific goals or solve problems, often in response to changes in the environment or industry trends.
Need
A requirement or necessity for something essential or desired to achieve a particular outcome.
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