Which of the following is INCORRECT on government failure? At least two ( 2) of these answers are appropriate for the question Condorcet Paradox is a situation in which a series of pair- wise majority votes over more than two options leads to a cycling of winners . Social preferences are irratio since they are non- transitive Social preferences are NOT internally inconsistent or internally contradictory Government Failure are situations in which total social surplus is decreased by government intervention in a market