This topic contains a solution. Click here to go to the answer

Author Question: Rent-seeking behavior results in a. increased economic activity by promoting efficiency. b. lower ... (Read 96 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
Rent-seeking behavior results in
 a. increased economic activity by promoting efficiency.
  b. lower economic activity by diverting resource to less-productive uses.
  c. a more equitable distribution of income and wealth.
  d. lower prices throughout the economy.
  e. greater income and wealth in the private sector.

Question 2

An increase in quantity demanded is represented by
 a. a shift outward of the entire demand curve.
  b. a shift inward of the entire demand curve.
  c. a movement along the demand curve in a southeasterly direction in response to a decline in the good's price.
  d. a movement along the demand curve in a northwesterly direction in response to a decline in the good's price.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Answer to Question 1

B

Answer to Question 2

c




storky111

  • Member
  • Posts: 561
Reply 2 on: Jul 1, 2018
:D TYSM


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library