Rent seeking is best defined as attempts
A) by landlords to get tenants.
B) to achieve monopoly power and the resulting economic profit.
C) by individuals to avoid paying taxes.
D) by owners of a monopoly to sell the firm.
B
Economics
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The productivity curve
A) has a positive slope. B) has a negative slope. C) is vertical. D) is horizontal. E) is U-shaped.
Economics
The size of a corporation, as measured by stockholders' equity, depends primarily upon
A) current net revenue. B) people's expectations of future earnings. C) the amount of capital invested in the corporation. D) total sales (in dollar terms).
Economics