Question: True or false.Justify your answer 1- The Arrow impossibility theorem says that the only wayto make eficient and rational social choices that satisfy Independence of

True or false.Justify your answer

1- The Arrow impossibility theorem says that the only wayto make eficient and rational social choices that satisfy Independence of Irrelevant Alternatives is to let adictator make decisions.

2- If anallocation is not in thecore,than some group of agents have incentives to split and do the project on their own

3- The egalitarian criteria,as the name suggests, always proposes to share resources equally.

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