Rents represent _____
A) earnings that are below opportunity cost.
B) earnings that exceed opportunity cost.
C) earnings that equal opportunity cost.
D) contributions to congressional campaigns.
E) contributions to special interest groups.
Correct Answer:
Verified
Q98: Exhibit 16.2 Q99: Exhibit 16.2 Q100: Exhibit 16.2 Q101: An important feature of representative democracy is Q102: The purpose of a political action committee Q104: Rent-seeking activity _ Q105: Much of special interest legislation leads to Q106: A lobbyist for the coal industry asks Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)reduces an economy's overall efficiency
