A Special Interest Issue Is One That

question 38

Multiple Choice

A special interest issue is one that:

• A)​provides large private benefits and large social benefits.
• B)​provides small private benefits and large social benefits.
• C)​provides large benefits to each of a small number of people and small costs to each of a large number of people.
• D)​provides small benefits to each of a small number of people and large costs to each of a large number of people.

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Definitions:

Trade

The act of buying, selling, or exchanging goods and services between people, businesses, or countries.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service versus what they actually receive.

Trade

The exchange of goods, services, or both between parties in different countries or within the same country, enhancing economic efficiency and access to resources.

Skateboards

A skateboard is a small piece of wood in the shape of a surfboard with four wheels attached. It is used for the sport of skateboarding.