Spends more on rent-seeking activities than consumers

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Reference no: EM131001945

Which of the following explains why big business typically spends more on rent-seeking activities than consumers?

A. Lobbying is a public good to consumers.

B. Lobbying is a public good to businesses.

C. Labor unions in the involved firms.

D. Lobbying is a public good to businesses and labor unions in the involved firms.

Reference no: EM131001945

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