If a coalition D is decisive over a pair of social outcomes (x,y) under a social choice process that satisfies Arrow's axioms, then another coalition C (that differs from D) cannot be decisive over a different pair (a,b) of social outcomes.

Answer the following statement true (T) or false (F)

True

Rationale: Any coalition that is decisive over a pair of outcomes is decisive over all pairs.

Economics

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Your textbook authors argue that the redemption efforts to free Sudanese slaves

A) generally succeeded until the government stepped in and created unintended shortages. B) worked poorly because slave surpluses became rampant. C) unintentionally increased profitability and slave supply. D) proved that underground markets do not coordinate the plans of participants.

Economics

The various bundles of goods that a country can obtain by taking advantage of international trade is known as

A) the non-indifference curve. B) the consumption possibility frontier. C) the production possibility frontier. D) the trade possibility frontier.

Economics