Table 22-6 -Refer to Table 22-6.The Table Shows the Preferences of Three

question 192

Multiple Choice

Table 22-6

-Refer to Table 22-6.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.

---

Definitions:

Retrenchment

A strategy used by organizations to reduce their scale or scope in response to financial pressures, often involving cost-cutting measures and reductions in workforce.

Organizational

Relating to the structure or functioning of an organization or the collective group organized for a particular purpose.

Operational

Pertaining to the daily activities and functions necessary for an organization or system to run efficiently and effectively.

State of Crisis

A situation or period in which an organization or community faces significant challenges or threats that require immediate and effective response.