This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Governments continue to provide public support to some farmers, even in the absence of market ... (Read 56 times)

frosh101

  • Full Member
  • ***
  • Posts: 140
on: Oct 12, 2022
Governments continue to provide public support to some farmers, even in the absence of market failures. Choose the best explanation for this practice according to public choice theory.
◦ Vote-maximizing governments are not rational in their response to powerful lobbying.
◦ All consumers are willing to pay higher prices in order to provide financial support to some farmers.
◦ Government support goes to consumers in the form of price controls, which balances the support given to farmers.
◦ The benefits of the support are concentrated among a small and vocal group of farmers and the costs are widely dispersed among millions of consumers.
◦ The marginal social cost of providing support is equal to the marginal social benefit.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by frosh101 on Oct 12, 2022

dadgoere765

  • Full Member
  • ***
  • Posts: 186
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


frosh101

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
Gracias!

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Feral Rock Pigeons are common pests in public spaces in cities Feral Rock Pigeons are common pests in public spaces in cities
Microfilaments for Support. Microfilaments for Support.
Skilled nursing facilities provide care for patients requiring longer stays than hospitals allow. Skilled nursing facilities provide care for patients requiring longer stays than hospitals allow.
A CNG storage tank from a Honda Civic GX shown with the fixture used to support it while it is being ... A CNG storage tank from a Honda Civic GX shown with the fixture used to support it while it is being ...
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
SUPPORT ME WITH THIS QUESTIONS I NEED IT SOON SUPPORT ME WITH THIS QUESTIONS I NEED IT SOON
Video: Genetic distance between human groups

For a complete list of videos, visit our video library