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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: When a rent-seeking equilibrium is reached, the
Post by: Loraine on Jun 21, 2015
When a rent-seeking equilibrium is reached, the
A) economic profit is maximized.
B) economic profit is eliminated by legislation.
C) economic profit is eliminated.
D) consumer surplus is greater than without rent seeking.
E) consumer surplus is eliminated.


Title: Re: When a rent-seeking equilibrium is reached, the
Post by: VincenzoD on Jul 25, 2015
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