User Account

All Pages

What else do you know about the system

Assignment Help Microeconomics
Reference no: EM132180453

Quesiton: In researching a voting system, you discover that it obeys three of the four criteria of an ideal voting system: transitivity, irrelevance of independent alternatives, and unanimity. With this information, what else do you know about this system? How can you be sure? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132180453

Questions Cloud

Do decision-making philosophies and practices differ : Do decision-making philosophies and practices differ from country to country? Give an example of a country where this may be true.
What will be the percentage change in the ratio of the wages : What will be the effect of this immigration on wages in each of the regions in the long run (after native workers respond by moving across regions to take.
Human rights v securities and exchange commission : In Medical Committee for Human Rights v Securities and Exchange Commission. What are the legal principles?
Can we use the median-voter theorem : Suppose we are trying to predict the positions that three candidates will take on who should be eligible for public-housing subsidies.
What else do you know about the system : In researching a voting system, you discover that it obeys three of the four criteria of an ideal voting system: transitivity, irrelevance of independent.
At least five should be from wider research sources : At least five should be related to best practices that facilitate, support, or improve teamwork. At least five should be from wider research sources.
Create an action plan to help you become successful manager : Explore, examine, and determine the four functions of management skills that are necessary for you to become a successful manager.
What characteristic of the ideal voting system is violated : Every year the residents of a historical town gather to determine how much to spend on their park, 10 percent or 15 percent of the budget.
Reading about managerial decision making : What is your take away from the example you provided after your reading about managerial decision making in this topic?

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain why the rate of inflation reacted in oil prices

Following the first energy shock in 1973, when oil prices rose $10/bbl, the rate of inflation averaged 8% for the next five years.

  Would information asymmetry cause a problem in situation

Return to the description of the student loan program that opened the chapter. Suppose that all students at the university are perfectly altruistic.

  Compute point price elasticity of demand for bearing grease

Calculate the point price elasticity of demand for bearing grease. Calculate the optimal price for bearing grease if marginal cost is $4.60 per unit.

  Minimax regret rule and equal probability rule

Under what conditions should a manager use each of the following rules/options for pricing decisions: (a) Maximax Rule; (b) Maximin Rule; (c) Minimax Regret Rule; and (d) Equal Probability Rule? Also address the potential pitfalls of using each rule.

  What output changes would you recommend

The marginal revenue is $3.00. What is the short-run and long-run condition for the monopolist and what output changes would you recommend?

  Why does the balance-of-payments statement balance

Why does the balance-of-payments statement "balance"? From a functional viewpoint, a nation's balance of payments can be grouped into several categories.

  Why might given information help to lead to the conclusion

Why might this information help to lead to the conclusion that milk is a suitable item to be subsidized by the government?

  Price discrimination to maximize profits

How does knowledge of value elasticity between different groups of consumers or for several products enable managers to price discriminate, change different prices for these groups?

  What does information tell us about fiscal policy actions

The federal government's budget surplus was $236.2 billion in 2000 and $128.2 billion in 2001. What does this information tell us about fiscal policy actions that Congress and the president took during those years?

  Affect buying and manufacturing decision

Discuss how scenario relates to producer and consumer surplus and how such surpluses, if any, affect buying and manufacturing decision

  Calculate the inflation rate

Calculate the (would-be) level (not the % change) of the CPI for the year 2015 had we experienced a 5 % annual inflation rate over this entire period from 1990-2015. Just use the formula below, which is the inverse of the formula above.

  What are several specific strategies you will use to realize

What are several specific strategies you will use to realize your dreams? Why do you think some people have a hard time asking for help compared to others?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd