When Each Individual Has Consistent Preferences, but Those of the Community

question 5

Multiple Choice

When each individual has consistent preferences, but those of the community are not consistent, it is known as

• A)logrolling.
• B)majority rule.
• C)a voting paradox.
• D)agenda manipulation.

---

Definitions:

Financial Ratios

These are calculations that measure a company's financial performance by comparing two or more financial metrics from financial statements.

Ratios

Financial metrics that provide insights into the performance, financial health, and condition of a business by comparing two numeric values from its financial statements.

Financial Ratios

Quantitative measures derived from financial statements to evaluate a company's financial performance and health.

Comparative Analysis

The process of comparing two or more data sets, periods, or entities to determine their relative performance or characteristics.