Which of the Following Represents the Basic Principle of Public

Multiple Choice

Which of the following represents the basic principle of public choice theory?

A) Politicians act consistently in the public's interest.
B) Politicians follow their own self-interest and seek to maximize their reelection chances, rather than promote the best interests of society.
C) Politicians act in the public interest once they are elected, but follow their own self-interest and seek to maximize their reelection chances during a political campaign.
D) Politicians have an incentive to be cost-conscious and creative because they face the same type of profit motive as producers.