Suppose That a Special Interest Group Makes Up 2% of the Population

question 223

Multiple Choice

Suppose that a special interest group makes up 2% of the population. If a policy transfers $600 to the special interest at a cost of $100,000 to society, will the special interest group lobby for this policy?

• A) Yes, the benefits of $700 outweigh the costs of $42.
• B) No, the benefits of $600 are less than the costs of $2,000.
• C) They'll be indifferent since the benefits equal the costs.
• D) No, the benefits of $600 are less than the costs of $100,000.

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Definitions:

σ Bond

A type of covalent bond formed by the head-on overlap of atomic orbitals, characterized by the shared electron density along the axis connecting the bonded nuclei.

Acetonitrile

An organic nitrile solvent with the formula CH3CN, used widely in pharmaceutical development and as a solvent in high-performance liquid chromatography (HPLC).

Sp² Hybridized

Describes an atom that has three hybrid orbitals formed by the mixing of one s orbital and two p orbitals, often found in planar structures.

Carbon Atoms

The chemical elements that serve as the fundamental building blocks of all organic molecules, characterized by having four electrons available to form covalent chemical bonds.