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Other Fields Homework Help Economics Topic started by: lurielbank on Oct 10, 2019



Title: What is the difference between the voting paradox and the Arrow impossibility theorem?
Post by: lurielbank on Oct 10, 2019

Question 1.

Rent-seeking behavior, unlike profit-maximizing behavior in competitive markets, wastes society's scarce resources.



▸ true

▸ false

Question 2.

What is the difference between the voting paradox and the Arrow impossibility theorem?



Title: What is the difference between the voting paradox and the Arrow impossibility theorem?
Post by: shawntage on Oct 10, 2019
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Title: What is the difference between the voting paradox and the Arrow impossibility theorem?
Post by: lurielbank on Oct 10, 2019
This site is awesome!


Title: What is the difference between the voting paradox and the Arrow impossibility theorem?
Post by: shawntage on Oct 10, 2019
:) Good luck on the rest