Firms Hiring Lobbyists to Keep Out New Entrants and Avoid

question 162

Multiple Choice

Firms hiring lobbyists to keep out new entrants and avoid competition is an example of

• A) regulatory restrictions.
• B) economies of scale.
• C) marginal cost pricing.
• D) rent seeking.

---

Definitions:

Women Activists

Female individuals who actively advocate for and work towards political, social, economic, or environmental change.

Violent

Involving physical force intended to hurt, damage, or kill someone or something.

Civil Rights Groups

Organizations and collectives that advocate for the protection and expansion of individual rights and liberties, especially for marginalized and oppressed groups.

Great Society

A set of domestic programs in the United States launched by President Lyndon B. Johnson to eliminate poverty and racial injustice.