What is rent seeking and how does it influence the inefficiency of monopoly?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:18 AM

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What is rent seeking and how does it influence the inefficiency of monopoly?

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Rent seeking is the pursuit of wealth by capturing economic rent Any ...View the full answer

Microeconomics

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