Rent seeking
a. often entails large opportunity costs.
b. prevents waste of resources.
c. often promotes fairness in distribution of resources.
d. cannot occur in a planned economy.
a
Economics
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In 2014, employees covered by company-provided health insurance paid ________ percent of the cost of their own health insurance
A) 3 B) 18 C) 37 D) 65
Economics
Economic profit is defined as
a. total revenue minus price b. price minus quantity c. total revenue minus what must be paid to resources to attract them from their best alternative use d. total revenue divided by what must be paid to resources to attract them from their best alternative use e. total revenue plus what must be paid to resources to attract them from their best alternative use
Economics