A lobbyist for the coal industry asks Congress to limit environmental constraints on coal-burning plants.This is an example of
A)the median-voter model
B)rent seeking
C)perfect competition
D)monopoly
E)public-interest legislation

Question

Quizplus · Accepted Answer

Rent seeking is the act of individuals or organizations lobbying the government or using other means to secure more economic benefits for themselves, often at the expense of others. In this case, the coal industry lobbyist is seeking to limit environmental constraints on coal-burning plants in order to benefit their industry, which is an example of rent seeking behavior.

A Lobbyist for the Coal Industry Asks Congress to Limit