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2 weeks ago
The underlying principle of the rent chain is that ________.
a) the greater the rents affected by a nonmarket issue, the lower are the incentives to take nonmarket action to obtain or protect those rents
b) the lower the rents affected by a nonmarket issue, the greater are the incentives to take nonmarket action to obtain or protect those rents
c) the rents affected by a nonmarket issue are independent of the incentives to take nonmarket action to obtain those rents
d) the greater the rents affected by a nonmarket issue, the greater are the incentives to take nonmarket action to obtain or protect those rents
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Business and Its Environment
Edition: 7th
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