The Condorcet voting paradox shows that outcomes based on dictatorial preferences do not always obey the property of transitivity
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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According to the theory of contestable markets, monopoly may not be a problem if
A. Antitrust regulations are enforced. B. The structure of a market is competitive. C. Firms can exit from the market. D. Potential competition exists.
Economics
To be unemployed, a person must be without a job and actively looking for work.
Answer the following statement true (T) or false (F)
Economics