Which of the following best illustrates the property of transitivity of preferences?
A) X is preferred to Y, Y is preferred to Z, and X is preferred to Z.
B) X is preferred to Y, Y is preferred to Z, and Z is preferred to X.
C) X is preferred to Y by some voters and Y is preferred to Z by others.
D) X is preferred to Y and Z is preferred to Y.
Correct Answer:
Verified
Q14: Jim prefers Hotel A to Hotel B
Q15: Layla prefers reading to walking and walking
Q16: Johnathan prefers pastas to burgers, and pizzas
Q17: _refers to the condition that if there
Q18: _refers to the condition that if there
Q20: According to Arrow's condition of unanimity in
Q21: The _refers to the failure of transitivity
Q22: Which of the following three conditions should
Q23: Which of the following refers to a
Q24: Refer to the table above. Which of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents