When an industry spends money lobbying the federal government for subsidies,and such subsidies would not be in the national interest,this behaviour is
A) the government acting as a monopsonist.
B) an externality.
C) efficient.
D) asymmetric information.
E) rent-seeking.
Correct Answer:
Verified
Q137: ICM,a major manufacturer of computers,announces it will
Q138: Suppose that the marginal benefit (MB)of national
Q139: The socially unproductive efforts of firms or
Q140: A source of inefficiency in the public
Q141: The Canadian constitution establishes the powers of
Q143: A solution to the externality of greenhouse
Q144: In Canada,the balance between provincial and federal
Q145: Since the Second World War,there has been
Q146: Which of the following is NOT an
Q147: The most appropriate level of government to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents