GlObe-dOt is a leading manufacturer of information display systems based in California. It seeks uniform federal regulation to impose a carbon emission tax on all manufacturing firms. This is an example of ________.

Question

Quizplus · Accepted Answer

The company's advocacy for a carbon emission tax can be attributed to the rent-seeking theory, which suggests that firms try to influence government policy to increase their profits. In this case, Globe-dot may be seeking to make their own products more attractive to customers by making it more expensive for competitors to manufacture similar products.

GlObe-DOt Is a Leading Manufacturer of Information Display Systems Based