According to public choice theory,:
A) special interests groups will face fierce opposition from the public at large.
B) politicians try to maximize their own well-being, just as do ordinary consumers and businessmen.
C) politicians will not support legislation that is bad for the overall economy but good for their chances of reelection.
D) the marginal benefit of voting is always greater than its marginal cost because of positive externailities.

Question

Quizplus · Accepted Answer

Public choice theory posits that politicians, like consumers and businessmen, are motivated by personal gain and thus seek to maximize their own well-being, which includes actions aimed at getting reelected or gaining power, rather than solely focusing on the public good.

According to Public Choice Theory