________ is defined as any attempt to capture consumer surplus, producer surplus or economic profit.
A) Search
B) Rent seeking
C) Maximizing monopoly profits
D) Price discrimination

Question

Quizplus · Accepted Answer

Rent seeking is the practice of trying to increase one's share of existing wealth without creating new wealth, often by capturing consumer surplus, producer surplus, or economic profit through manipulation or exploitation of the economic environment.

________ Is Defined as Any Attempt to Capture Consumer Surplus