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Mairoon Mairoon
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6 years ago
The Arrow impossibility theorem suggests
A) democracies are doomed to fail in the long-run.
B) dictatorships are impossible in the long-run.
C) there is no universally applicable decision rule in a majority-rule democracy.
D) there is no way to make democracy better than a dictatorship.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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LBCeaLBCea
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6 years ago
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Mairoon Author
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#2
5 years ago
Thanks. This is just start. Wink Face
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