Equilibrium in the market for special interest benefits is determined
Equilibrium in the market for special interest benefits is determined where _____.
a. the marginal cost of lobbying politicians is equal to the marginal benefits received from government
b. the marginal political opposition is equal to the marginal political support
c. the marginal price of a vote for a program is equal to the marginal benefit of that additional vote
d. the marginal price of regulation is equal to the marginal benefit from that regulation
ANSWER
b
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