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The collective action problem is the reason why there are no lobbyists representing the interest of...

The collective action problem is the reason why there are no lobbyists representing the interest of general taxpayers or consumers in Washington, DC.

Group of answer choices True False

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Answer #1

Answer-True

The taxpayers and lobbyists can both be benefited by solving the problem of taxes but they fail to do so because they focus on their individual interest,which leads to collective action problem.

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