All of These Are Examples of Rent-Seeking Behavior EXCEPT

question 259

Multiple Choice

All of these are examples of rent-seeking behavior EXCEPT

• A) lobbying.
• B) extending patents.
• C) product differentiation.
• D) restricting licenses.

---

Definitions:

Seasonal Nature

The characteristic of certain processes, businesses, or industries that experience regular and predictable changes that recur every calendar year.

Cash Cycle

The cash cycle is a period between the outlay of cash for the purchase of inventory and the receipt of cash from customer sales, measuring the efficiency of a company's cash management.

Accounts Payable Period

The time it takes for a company to pay off its suppliers after a purchase is made, typically measured in days.

Liberal Accounts Receivable Policy

A policy that involves offering lenient credit terms to customers, such as extended periods before payment is due, which can encourage sales but may increase the risk of bad debts.