One Reason Why Producers Have an Incentive to Organize in Favor

question 30

Multiple Choice

One reason why producers have an incentive to organize in favor of protection is because

• A)producer gains are spread across so many firms that no one gets a large share of the benefits.
• B)producer gains are relatively concentrated.
• C)there is no real cost to the economy.
• D)producer gains outweigh consumer losses.
• E)it is a cheap way to keep their employees happy.

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Definitions:

Iliac

Pertaining to the ilium, the largest bone of the pelvis.

Hypogastric

Relating to the lower middle region of the abdomen, beneath the umbilical region.

Epithelial

Pertaining to the epithelium, a layer of cells covering the body surfaces, lining cavities and organs, and forming glands.

Connective

Tissue in the body that supports, binds together, or separates other tissues or organs.