based on the textbook Microeconomics for MBAs
What is RENT-SEEKING? What does RENT-SEEKING mean? RENT-SEEKING meaning - RENT-SEEKING definition - RENT-SEEKING explanation. Source: Wikipedia.org article, adapted under .
31, 2017.
When people compete for grants, subsidies, and other government handouts, economists see a phenomenon called rent seeking. The rent is the money being offered. When government gives money.
