The Figure Given Below Shows the Demand [D and D']

question 26

Multiple Choice

The figure given below shows the demand [D and D'] and supply [S and S'] curves of shares of stock.Figure 17.2

-Which of the following actions can be categorized as rent seeking?

• A)Increase in the income tax rates by the government
• B)Lobbying efforts of individuals or groups to gain favors from the government
• C)Profit maximizing firms charging a price greater than their marginal costs
• D)Export of goods from developing to developed countries
• E)Government intervention in the real estate market