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

Author Question: Which of the following statements about rent seeking is false? A) A person is engaging in ... (Read 61 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
Which of the following statements about rent seeking is false?
 
  A) A person is engaging in rent-seeking behavior when he uses the political process to acquire ownership of a resource that belongs to the public.
  B) If a firm can benefit from government intervention in the economy, it is more likely to spend resources attempting to secure this intervention than toward innovating its product to gain a competitive edge in the market.
  C) Because rent seeking redistributes society's resources, anyone engaging in such behavior is violating the law.
  D) Rent seeking often involves governments because governments transfer huge amounts of funds that economic agents must compete for.

Question 2

Refer to Figure 12-9. Identify the firm's short-run supply curve.
 
  A) the marginal cost curve B) the marginal cost curve from a and above
  C) the marginal cost curve from b and above D) the marginal cost curve from d and above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hdosisshsbshs

  • Sr. Member
  • ****
  • Posts: 315
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.
Answer Preview
Only 39% of students answer this correctly




tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
Gracias!


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

For a complete list of videos, visit our video library