What is not rent-seeking behavior

Assignment Help Microeconomics
Reference no: EM13825654

Problems-

1. Which of the following activities is not rent-seeking behavior?

A) lobbying government to protect a monopoly position

B) arguing for free trade among nations

C) extending patents

D) lobbying Congress for tariff protection to reduce foreign competition

2. When new firms enter a competitive market:

A) it will cause an increase in demand.

B) it will cause an increase in supply.

C) it will cause a decrease in demand.

D) it will cause a decrease in supply.

Additional Information-

These multiple choice problems are belong to Economics. The first problem is about what is not rent-seeking behavior and the second problem is about what happens when new firms enter a competitive market.

Reference no: EM13825654

Questions Cloud

Main processes in project communications management : What are five main processes in project communications management? Briefly describe each process
Essay about computer assisted language learning : Write a comprehensive essay about computer assisted language learning.
Mental health and exercise relationship in methodological : Mental Health And Exercise Relationship In Methodological Terms
Attitudes towards computer assisted language learning : This question basically belongs to Linguistics as well as it discusses regarding writing a reflective essay on your attitudes towards computer assisted language learning.
What is not rent-seeking behavior : These multiple choice problems are belong to Economics. The first problem is about what is not rent-seeking behavior and the second problem is about what happens when new firms enter a competitive market.
When new firms enter a competitive market : These multiple choice questions are belong to Economics. The first question is about what is not rent-seeking behavior and the second question is about what happens when new firms enter a competitive market.
Describe impact of these fiscal policies on the us economy : Describe the impact of these fiscal policies on the U.S. economy. Describe the impact of these fiscal policies on your team's selected organization.
Difference between experimental and quasi-experimental : Difference Between Experimental, Quasi-Experimental
Discuss about new firm entering competitive market structure : These multiple choice problems belong to Economics. The first problem discusses about new firms entering competitive market structure and the second problem discusses about third degree price discrimination.

Reviews

Write a Review

Microeconomics Questions & Answers

  Time value of money problems

What is the future value of 24 periodic payments of $4,620 each made at the beginning of each period and compounded at 8%? What would you pay for a $194,000 face value bond that matures in 15 years and pays $19,400 a year in interest if you wanted to..

  Give the example of a time when you were consuming good

provide an example of a time when you were consuming a good. were you attempting to maximize your marginal or total

  Most likely to result in the most costs savings

From the items below that will no longer be needed, which one is most likely to result in the most costs savings?

  Evaluate the riskiness of a security

Discussion question: How would you evaluate the riskiness of a security? It has to be a 1400 - to 1700 words and 5 references not from blog, wiki, etc

  Light of econometric analysis

Using the Eviews/GRETL dataset attached, carefully explain the empirical evidence MRW provide in support in of their thesis. In the light of econometric analysis, do you share the authors' conclusion above?

  The canadian consumer confidence rebounded sharply

The Canadian consumer confidence rebounded sharply in September 2012. This is a significant rebound since the plunge in October 2008. According to some analysts, the good news from Europe and the jump in the stock market appear to have had an effect ..

  A that price find the firms profit or loss will firm

consider a firm in a perfectly competitive industry. the firm has just built a plant that cost 25000. each unit of

  Cost function have increasing or decreasing returns to scale

Suppose the production function for pasta is Q = 4kl. What is the long-run optimal input combination when Q = 16 , r = 4 , and w = 36 ? What is the long-run total cost function when r = 4 and w = 36?

  Determine ways your current employer

Determine ways your current employer(restaurant owner) could leverage organizational culture to improve productivity and employee satisfaction. Provide specific examples to support your response with 1250 words and 4 resources from current co..

  Describe criticism incentive contract plan

Suppose you decide to elicit high CEO effort when and if good luck occurs by paying the bonus for $1 billion outcomes only. what criticism can you see with this incentive contract plan.

  Determine wether variable is qualitative or quantitative

A firm conducted a research about the demographics of their customers. For the study they collected data about the following variables: gender, marital status, credit rating (low, medium, high), annual income, and age.

  Is the distribution of these stock prices skewed

On a certain day the average closing price of a group of stocks on the New York Stock Exchange is $35 (to the nearest dollar). if the median value is $33 and the mode is $21:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd