Title: What Is Rent-Seeking Behavior?
Headings: What Is Rent-Seeking Behavior?
What Is Rent-Seeking Behavior?
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What Is Rent-Seeking Behavior? David John Marotta
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Opinions expressed by Forbes Contributors are their own. Wealth Management
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Voluntary trade benefits both sides. Unless both parties believe they will benefit from the exchange, they will not consent. In most exchanges both parties can produce the item they are trading more efficiently than they can produce what they are receiving. Producing a surplus of one item provides each party something to trade for someone else's surplus.