Table 22-17 -Refer to Table 22-17. the Table Shows the Preferences of the Preferences

question 416

Multiple Choice

Table 22-17
-Refer to Table 22-17. The table shows the preferences of three types of voters over three possible outcomes: A, B, and C. In addition, the table shows the percentage of voters of each type. Based on this information, which of the following statements is true?

• A)As the Condorcet Paradox predicts, majority rule fails to produce transitive preferences for society.
• B)As Arrow's Impossibility Theorem demonstrates, it is impossible from this information to determine which outcome the voters prefer.
• C)The median voter theorem allows us to conclude that in a vote between B and C, B will win since the Type 2 voter is the median voter.
• D)While the Condorcet Paradox predicts that majority rule may not produce transitive preferences for society as a whole, society's preferences in this case are transitive.

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Definitions:

Eurasia

The combined continental landmass of Europe and Asia.

Mesopotamia

An ancient region in the Eastern Mediterranean known as the "Cradle of Civilization," where the world's first cities, writing systems, and complex societies emerged, located in present-day Iraq and parts of Iran, Syria, and Turkey.

Chronological Order

The arrangement of events in the sequence of their occurrence in time.

Geographical Areas

Defined regions or spaces on the Earth's surface, whether natural or human-made, varying in size and defined by geographic boundaries.