Multiple Choice
Suppose that a special interest group makes up 0.5% of the population. If a policy transfers $600 to the special interest at a cost of $100,000 to society, will the special interest group lobby for this policy?
A) Yes, the benefits of $600 outweigh the costs of $500.
B) No, the benefits of $30 are less than the costs of $100,000.
C) No, the benefits of $30 are less than the costs of $50,000
D) They'll be indifferent since the benefits equal the costs.
Correct Answer:

Verified
Correct Answer:
Verified
Q268: At one time, even coffee roasting was
Q269: Which of the following theories works to
Q270: Which of the following is TRUE about
Q271: When voters are myopic, politicians will prefer
Q272: Government ownership of the press and of
Q274: According to the median voter theorem, what
Q275: Mass starvation in Ukraine in the 1920s
Q276: The key formula for political success behind
Q277: Public ignorance is generally higher in less
Q278: Part of the American Recovery and Reinvestment