Arrow's Impossibility Theorem Suggests That

question 57

Multiple Choice

Arrow's impossibility theorem suggests that:

• A)any voting system society adopts for aggregating the preferences of its members will be flawed
• B)a voting system will be ideal if some form of dictatorship is allowed
• C)a voting system will be ideal if the properties of intransitivity and dependence of irrelevant alternatives are satisfied
• D)none of the above

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Definitions:

Emotionally Positioned

Designed or marketed in a way that appeals to the emotional responses or sensitivities of the target audience.

Functionally Positioned

A marketing strategy where a product is promoted based on its functional attributes and the benefits it offers to consumers.

Backlash

A strong negative reaction or opposition arising in response to an action or decision.

Authenticity Risk

The possibility that a brand or product may lose its perception of genuineness or originiality in the eyes of consumers.