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D Question 12 7.5 pts Which of the following statements about rent seeking is true? O It is a form of beneficial competition. O It

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D Question 12 7.5 pts Which of the following statements about rent seeking is true? O It is a form of beneficial competition. O It relates only to rent that is payment for the use of property. It does not involve the use of lobbying. It occurs when resources are used to secure monopoly rights. O It is motivated by a desire for fair profits

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