Governments continue to provide public support to some farmers, even in the absence of market failures. Choose the best explanation for this practice according to public choice theory.

a.

Government support goes to consumers in the form of price controls, which balances the support given to farmers.

b.

All consumers are willing to pay higher prices to provide financial support to some farmers.

c.

The marginal social cost of providing support is equal to the marginal social benefit.

d.

Vote-maximising governments are irrational in their response to powerful lobbying.

e.

The benefits of the support are concentrated among a small and vocal group of farmers and the costs are widely dispersed among millions of consumers.

Clear my choice