Which of the following terms defines a preference, Ask an Expert

Economics

Which of the following terms defines a preference aggregation mechanism that satisfies the properties of dominance, transitivity, and independence of irrelevant alternatives?

a. socially efficient

b. socially inefficient

c.inconsistent

d. consistent

e. None of the answers is correct.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91585742

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