It can be inferred from the passage that economic theory as it presently stands would most likely apply to which of the following situations A.(A) A parliamentary system, where senior members vote by secret ballot.
B.(B) An arts guild, where voting authority is determined by the level of skill at a craft. C.(C) A fan club, where a president elects other members of the club. D.(D) A board of trustees group, where all members vote to make company decisions. E) A monarchy, where a king consults his vassal lords before making decisions.