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hardy7luver hardy7luver
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A year ago
Attempts by professional lobbyists in Ottawa to influence the government's subsidy to the shipbuilding industry, for example, even when such a subsidy is not in the national interest, represents

▸ the government acting like a monopolist.

▸ rent seeking.

▸ asymmetric information.

▸ an externality.

▸ an inefficient public choice.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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tkane127tkane127
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A year ago
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hardy7luver Author
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A year ago
Good timing, thanks!
kriggs62
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Yesterday
this is exactly what I needed
ouasfoudgewu
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2 hours ago
This site is awesome
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