Rent seeking may be rational from the individuals perspective, but it is not rational from societys perspective.

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“Rent seeking may be rational from the individual’s perspective, but it is not rational from society’s perspective.” Do you agree or disagree? Explain your answer.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:56 AM

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Rent seeking may be rational from the individuals perspective, but it is not rational from societys perspective.

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Agree Resources are scarce and society is better off when people are employed ...View the full answer

Economics

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