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3 years ago

Are policymakers susceptible to rent-seeking behavior? Explain. Rent-seeking behavior

Business

1 answer:

Taya2010 [7]3 years ago

4 0

The correct answer is D: May succeed when many voters are rationally ignorant.

Further Explanation:

Rent-seeking behavior can best be described a person lobbying for a particular business or person. Many times a politician is bribed to give a that business certain legislature rules/laws in favor for that company.

If logrolling is permissible, the rent seeking may be successful. Many times the this produces results that are not favorable to the public and can even be harmful. It really helps to understand the government policies when a person understands rent-seeking behavior.

Some ways a government may fail is;

rent seeking behavior
Regulatory capture
rational ignorance
logrolling

Learn more about rent-seeking behavior at brainly.com/question/13767756

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2 years ago

The Jones family has a disposable income of $90,000 annually. Assume that their marginal propensity to consume is 0.8 (the Jones

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3 years ago

The ________ analysis is a process that includes research into target markets and the promotional strategies to reach them.

Bad White [126]

Promotions Opportunity

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3 years ago

Lerner Co. had 200000 shares of common stock, 20000 shares of convertible preferred stock, and $600000 of 10% convertible bonds

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Answer:

Basic EPS=$1.08

Explanation:

Basic EPS= Net income after tax-preferred shares' dividend/Weighted average of outstanding shares

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3 years ago

Read 2 more answers

Free Spirit Industries Inc.’s marketing sales director doesn’t think that the market for the firm’s goods is big enough to sell

RSB [31]

Answer:

In the attached the fixed costs is $12,000,000

selling price is $41.50

variable cost is $12.80

The price for the target EBIT of $15 million is $167.09

Explanation:

target units=fixed costs+target EBIT/selling price-variable cost

target units is 175,000

fixed costs of $12,000,000

target EBIT of $15,000,000

variable cost is $12.80

selling price is unknown,let assume is X

175,000=($12,000,000+$15,000,000)/X-12.80

175,000=27,000,000/X-12.80

175,000*(X-12.80)=27,000,000

X-12.80=27,000,000/175,000

X-12.80=154.29

X=154.29+12.80

X=$167.09

EBIT=Sales units*(selling price-variable cost)-fixed costs

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3 years ago

Are policymakers susceptible to​ rent-seeking behavior? Explain. ​Rent-seeking behavior

Are policymakers susceptible to rent-seeking behavior? Explain. Rent-seeking behavior