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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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Bacon Company makes four products in a single facility. These products have the following unit product costs: Products A B C D D

vredina [299]

Answer:

minutes of grinding= 60,468 minutes

Explanation:

Giving the following information:

Grinding minutes per unit:

Product A= 3.80

Product B= 5.30

Product C= 4.30

Product D= 3.40

Monthly demand in units:

Product A= 4,260

Product B= 4,260

Product C= 3,260

Product D= 2,260

A total of 54,900 minutes is available per month on these machines.

minutes of grinding= Total product A + Total product B + Total product C + Total product D

minutes of grinding=4260*3.80 + 4260*5.3 + 3260*4.3 + 2260*3.4= 60,468 minutes

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2 years ago

John Fillmore’s lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritan

I am Lyosha [343]

Answer:

John Fillmore must invest $53,739.68 of his inheritance annually to buy the boat at retirement.

Explanation:

To determine this, we employ the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount of the boat he wants = $341,400

M = Annual investment required = ?

r = Annual interest rate = 12%, or 0.12

n = number of yeas = 6

Substituting the values into equation (1) and solve for M, we have:

$341,400 = M * (((1 + 0.12)^5 - 1) / 0.12)

$341,400 = M * 6.35284736

M = $341,400 / 6.35284736

M = $53,739.6824846741

Approximating to 2 decimal places, we have:

M = $53,739.68

Therefore, John Fillmore must invest $53,739.68 of his inheritance annually to buy the boat at retirement.

8 0

2 years ago

Appellate courts do not have to hear all of the cases they are presented.<br> True<br> False

frutty [35]

It's false! They have to hear all of them

5 0

3 years ago

Names for clear lip gloss

drek231 [11]

Answer:

crystal clear lip gloss

Explanation:

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2 years ago

Assuming that a market research study will answer important questions and reduce uncertainty associated with the proposed projec

sesenic [268]

Answer:

C. Is top management committed to the study?

Explanation:

Yes, market research is very important for the organisations which can help them in finding new trends and patterns in their consumers, they can find out what are products which they need to launch further, which products are not performing well but the main question before starting the research process is that each and every single person of the organisation should take part in the whole process particularly the top level management should be agrees upon and committed to it otherwise the whole process will go in vain. Because when the top level will be committed, they not only by proving the resources needed for the research but also they will be happily implementing the research findings for the betterment of the organisation. Therefore, top management should be committed otherwise it will just be waste of time and efforts.

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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