Question

Distribution of benefits and costs

The Senate, the legislature of the fictional country of Romance, is considering legislation that will generate benefits of $25 million and costs of $29 million. For perspective, Romania's population is 60 million.
Passing the legislation is ________, and if everyone in Romange shared equally in both its benefits and its costs, the Senate will vote ________ the legislation.
If the costs of the legislation are concentrated among a few people instead of widespread among the population, those people will be willing to spend up to _________ lobbying the Senate against the legislation. (Note: Assume that the benefits are widespread; therefore, you can ignore them in the calculations of the few who experience the costs.)
The less widely spread are the benefits of the legislation, the _______ is the likelihood of lobbying for the legislation by those who will incur its benefits.
Suppose that, as before, the costs of the legislation are concentrated among a small group, the benefits are very widespread, and the Senate is responsive to lobbying. The likely amount spent on lobbying for the legislation is _______, in which case the Senate will likely vote ___________ the legislation.

Answer 1

1) INEFFICIENT As it cost for the society more than the benefit generated.

2) AGAINST Assuming the Senators wants the better for the republic are do not push their own agendas

3) RESOURCES/MONEY/POLITICAL INFLUENCE for as much as 30 millions

Assuming they want to avoid the cost they will try to move the cost to another strata or reject the law. As they want to cut their cost they will not overexpend above the 30,000,000 from the original law.

4) MOST PROBABLY/HIGH CHANCE As the benefit are focused they will root for the legislation and lobby for it

Step-by-step explanation:

The question is to think how a rational person who wish to do no harm will impact the political system. It is important to assume participant will work within the framework of the society and not push to destroy to avoid the law or push for the law that benefit.