When voting systems fall short of the ideal by violating the principle of transitivity, the ____________ is sometimes crucial in shaping the final outcomes.
A. order in which voters get to cast their votes
B. order in which the votes get tallied
C. power to set the agenda
D. ability to say how much one option is preferred over others
C. power to set the agenda
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All the people employed at or just above the minimum wage could be considered the _____.
Fill in the blank(s) with the appropriate word(s).
A bowed-outward production possibilities curve demonstrates the concept of
A. increasing opportunity costs at first but the opportunity costs steadily decrease as you move down along the curve. B. increasing opportunity costs as production shifts from the production of one good to the production of the other good. C. constant opportunity costs as production shifts from the production of one good to the production of the other good. D. decreasing opportunity costs as production shifts from the production of one good to the production of the other good.