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Author Question: The term "rent seeking" best describes a situation in which: (Read 72 times)

Jkov05

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on: Jul 20, 2019
The term "rent seeking" best describes a situation in which:
◦ consumers compete for a limited quantity of the good.
◦ firms use resources to secure or preserve a monopoly in providing a good or service.
◦ individuals expend effort searching for a good price on an apartment.
◦ None of the above are good descriptions of rent-seeking behavior.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by Jkov05 on Jul 20, 2019

leahchrapun

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Jkov05

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Reply 2 on: Jul 20, 2019
Excellent

triiciiaa

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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