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In the Area of Business, Rent-Seeking Often Involves

Question 150

Multiple Choice

In the area of business, rent-seeking often involves


A) the use of resources to construct high-priced rental housing.
B) the use of resources to secure and maintain a grant of monopoly power from the government.
C) an agreement between firms to raise prices and limit entry.
D) an agreement between a firm and a customer that makes both parties better off.

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