Suppose That in a Borda Count Election, Outcome X Is

question 11

Multiple Choice

Suppose that in a Borda count election, outcome X is preferred to outcome Y, and outcome Y is preferred to outcome Z, when outcomes X, Y, and Z are all available options. When Y is removed as an option, however, outcome Z is preferred to outcome X. This would violate Arrow's assumption that voting systems should satisfy

• A)unanimity.
• B)transitivity.
• C)the independence of irrelevant alternatives.
• D)no dictators.

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Definitions:

Direct Materials Cost

The expenditure on raw materials that are directly traceable to the production of a specific product.

Direct Labor Cost

Expenses associated with employees who directly contribute to the production of goods, such as wages for assembly-line workers.

Cost of Goods Manufactured

The sum of all expenses associated with the creation of finished goods within a given time frame, encompassing wages, raw materials, and indirect costs.

Adjusted Cost

The net cost of an asset after adjustments for improvements, depreciation, or damage, providing a more accurate reflection of its current value.