What is meant by concentrated benefits and dispersed costs? How
does this relate to rent seeking...
What is meant by concentrated benefits and dispersed costs? How
does this relate to rent seeking and lobbyists?
Solutions
Expert Solution
ANSWER:--
At the point when government sets up prohibitive polices and
portion which deny the import of the specific wares to its nation
and permit just the nearby makers and makers to create and deal, it
scaled down the opposition of the items in the worldwide market and
in neighborhood showcase the makers can charge significant
expense.
Purchasers in such economies that put limitations on unhindered
commerce have follow through on greater expense for less rivalry
from worldwide market.
This is known as the idea of scattered expense. This is spread
over the wide populace in the nation so individuals don't see
it.
Advantages of portion are additionally
enormous on the grounds that it helps the couple of makers and
organizations.
That is the reason it is called concenteratedbenefits since it helps not many organizations.
That is the reason they go through a ton of cash in
campaigning(lobbing) and guaranteeing that the
portions stay in power with the goal that they can profit.
What is meant by the phrase "reduction of gametophyte" and how
does this relate to life on land versus lid on or near the water?
In what group of plants do you see a drastic change in the amount
of time spent in the gametophyte portion of the life cycle?
Rent-seeking behavior.
a. What is rent-seeking behavior?
b. Explain how organized interests use the political
process to compete for benefits. Are large or small groups more
likely to secure rents through the political process? Explain.
c. Stigler argues that firms may support increased
regulation to increase profitability. Explain why firms support
regulation over subsidies to achieve their goals. Explain.
A.What is meant by the “triple bottom line” and how does
it relate to ethical corporate decision-making? What four factors
should business leaders evaluate when making business
decisions?B. In what circumstances might a court
disregard the corporate entity (“pierce the corporate veil”) and
hold the shareholders personally liable?
What
is meant by the costs and benefits of advocacy? Explain in detail.
Select a specific current US problem that may cause social workers
to act as advocates today, and explain what the costs and benefits
of advocating for that particular cause might be.
One of the problems with rent control is that:
The costs and benefits are not transparent.
It requires a payment by taxpayers.
All people that want to rent benefit but not all landlords.
All landlords benefit but not all renters.