Governments Continue to Provide Public Support to Some Farmers,even in the Absence

question 9

Multiple Choice

Governments continue to provide public support to some farmers,even in the absence of market failures.Choose the best explanation for this practice according to public choice theory.

• A)The marginal social cost of providing support is equal to the marginal social benefit.
• B)Government support goes to consumers in the form of price controls,which balances the support given to farmers.
• C)All consumers are willing to pay higher prices in order to provide financial support to some farmers.
• D)Vote-maximizing governments are not rational in their response to powerful lobbying.
• E)The benefits of the support are concentrated among a small and vocal group of farmers and the costs are widely dispersed among millions of consumers.

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Definitions:

Premature Deaths

Deaths that occur before the average age of death in a certain population group, often due to preventable health issues or factors.

Biodiversity

The diversity of plant and animal life in a particular habitat, contributing to the health and function of ecosystems.

Pollutants

Substances introduced into the environment that cause harm or discomfort to organisms, including humans.

Climate Change

refers to significant changes in global temperatures and weather patterns over time, largely attributed to human activities.