Litigation in which one company sues another often involves costs for lawyers and other court costs literally

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Litigation in which one company sues another often involves costs for lawyers and other court costs literally amounting to hundreds of millions of dollars per case. What does the concept of an economic rent have to do with the matter?

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Economics Principles and Policy

ISBN: 978-0538453653

12th edition

Authors: William J. Baumol, Alan S. Blinder

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Question Posted: Apr 12, 2016 07:18 AM

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Litigation in which one company sues another often involves costs for lawyers and other court costs literally

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When one company sues another it is often seeking to capture or prote...View the full answer

Economics Principles and Policy

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