A theorem that demonstrates that there is no voting mechanism that determines transitive social preferences and also satisfies the five conditions for a desirable voting mechanism is called

Question

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Arrow's impossibility theorem states that there is no voting mechanism that can satisfy all five conditions for a desirable voting mechanism and determine transitive social preferences. Therefore, option A is the correct choice. Option B is incorrect because Arrow's theorem demonstrates the impossibility of such a mechanism, rather than the possibility of one. Option C is not a known theorem.

A Theorem That Demonstrates That There Is No Voting Mechanism