1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexandr1967 [171]
3 years ago
14

What is rent seeking in economics​

Business
1 answer:
Nataly_w [17]3 years ago
4 0

Answer:

Rent-seeking is the effort to increase one's share of existing wealth without creating new wealth. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality, and potential natoinal decline

Explanation:

Rent-seeking is the effort to increase one's share of existing wealth without creating new wealth. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality, and potential national decline

You might be interested in
A good example of a ______________ offense is selling alcoholic beverages to a minor
laila [671]
Minor criminal offense, specifically a strict liability offense. Strict liability refers to an offense made regardless of the the intent of action. In other words, even if you have no malicious intent, you are still liable for the offense. Another example is possession of drugs. 
4 0
3 years ago
Broze Company makes four products in a single facility. These products have the following unit product costs: Products A B C D D
Tems11 [23]

Omg that's lot sorry I don't know

4 0
3 years ago
Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $14,800. The bank reconciliation for the period showe
emmasim [6.3K]

Answer: The correct answer is "(A) Debit Accounts Receivable and credit Cash for $560".

Explanation: The non-existent 560 must be adjusted in the cash account, and the 560 receivable must be added to the third party that issued the check in the "accounts receivable" account.

The entry would be:

--------------------------------- . ------------------------------------------

Accounts Receivable                   560

                   Cash                                      560

--------------------------------- . --------------------------------------------

6 0
3 years ago
On December 31, there were 46 units remaining in ending inventory. These 46 units consisted of 6 from January, 8 from February,
Tresset [83]

Answer:

$6,734

Explanation:

On December 31, there were 46 units remaining in ending inventory.

These 46 units consisted of

6 from January x $123 = 738

8 from February x $133 = 1064

10 from May x $143 = 1430

8 from September x $153 = 1224

14 from November x $163 = 2282

Using the specific identification method, the cost of the ending inventory is: 734 + 1064 + 1430 + 1224 + 2282 = $6734

4 0
2 years ago
Read 2 more answers
Zero Corp's total common equity at the end of last year was $350,000 and its net income was $70,000. What was its ROE
Arturiano [62]

Answer:

ROE = 20%

Explanation:

Given:

Common equity = $350,000

Net income = $70,000

Find:

ROE

Computation:

ROE = [Net income/Common equity]100

ROE = [$70,000/$350,000]100

ROE = 20%

5 0
3 years ago
Other questions:
  • Describe the leadership lessons you think starbucks leadership lab provided store managers.
    15·1 answer
  • The biggest problem in managing a checking account occurs when
    7·1 answer
  • Explanation of the fair trade logo​
    15·1 answer
  • Rosa works at a gelato shop and observes that the number of people buying gelato varies greatly from day to day. for a couple of
    6·1 answer
  • Which kind of decisions involving resources must producers of goods and services make? ECONOMICS.
    8·2 answers
  • Suppose your company reports $210 of net income and $50 of cash dividends paid, and its comparative balance sheet indicates the
    8·1 answer
  • Inés is ready to begin her career as a chemist. She worked hard to learn as much as she could about her profession.
    13·2 answers
  • During its first year of operations, Mack’s Plumbing Supply Co. had sales of $650,000, wrote off $10,400 of accounts as uncollec
    10·1 answer
  • On January 1, 2020, Cheyenne Company purchased 40% of Santos Corporation 465,000 outstanding shares of common stock at a total c
    11·1 answer
  • When the insured knows more about their circumstances than the insurer, there is
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!