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QUESTION
Rent-seeking occurs when: resources are used to deregulate a market through the political process. resources are used to maximize profits.
Rent-seeking occurs when:
resources are used to deregulate a market through the political process.
resources are used to maximize profits.
resources are used to secure monopoly rights through the political process.
two firms try to enter the same market.
landlords attempt to raise the rent on tenants.
