Assume the owners of the only gambling casino in wisconsin spend large sums of money lobbying state government officials to protect their gambling monopoly. economists refer to these expenditures as:

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24-04-2017
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Assume the owners of the only gambling casino in wisconsin spend large sums of money lobbying state government officials to protect their gambling monopoly. economists refer to these expenditures as:

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andriansp andriansp · Answer 1 · 2017-04-28T11:36:43+02:00

andriansp andriansp

28-04-2017

When the owners of the only gambling casino in Wisconsin spend large sums of money lobbying state government officials to protect their gambling monopoly. economists will refer to these expenditures as: Rent-seeking

Rent-seeking expenditure refers to an expenditure that happened in during the effort of lobbying external party in order to gain economic favor.

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