Sometimes, the vested interest problem is aggravated by a certain imbalance or asymmetry that confers greater power on concentrated producer interests in relation to diffused consumer interests. Such imbalance or asymmetry was first identified by which of the following economists?
A. Alfred Marshal
B. David Ricardo
C. Vilfredo Pareto
D. Amartya Sen
Answer:C
Sometimes, the vested interest problem is aggravated by a certain imbalance or asymmetry that confers greater power on concentrated producer interests in relation to diffused consumer interests. Such imbalance or asymmetry was first identified by which of the following economists?
A. Alfred Marshal B. David Ricardo C. Vilfredo Pareto D. Amartya Sen