Rent Seeking Is Devoted to the Creation of

question 395

Multiple Choice

Rent seeking is devoted to the creation of

• A) monopolies.
• B) competitive industries.
• C) human capital.
• D) more elastic demand.

---

Definitions:

Visible Outcome

A result or effect of an action or process that is easily observed or identified.

Job Feedback

Information given to employees about their performance, aiming to reinforce strengths or address weaknesses.

Extrinsic Rewards

Rewards given to individuals by external sources, typically in the form of money, benefits, or formal recognition, as compensation or acknowledgment of one's work.

Monetary Bonuses

Financial rewards given to employees over and above their normal compensation, usually as a recognition of their performance or achievement.