Which of the Following Is Not an Example of Rent-Seeking

question 101

Multiple Choice

Which of the following is not an example of rent-seeking behaviour?

• A)Competition for subsidies
• B)Lobbying the government to impose tariffs on certain imported products
• C)Competition for the exclusive right to import a product
• D)Engaging in aggressive advertising that slams a competitor's product

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Definitions:

Judgmental

Inclined to make judgments, especially moral or personal ones, about others often prematurely or without all the facts.

Operant Conditioning

A learning process through which the strength of a behavior is modified by reinforcement or punishment.

Fixed-Interval Reinforcement

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Respondent Behavior

A type of behavior that occurs as an automatic response to a certain stimulus, often associated with classical conditioning.