Solved: How can you combine ideas of public choice and rent seeking, Business Management

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How can you combine ideas of public choice and rent seeking

Discussion Post

Prior to beginning work on this discussion, read Tim Worstall's article, One Benefit of Nancy MacLean's Democracy in Chains - Public Choice and Rent Seeking Popularised.

Based on the article's information respond to the following:

a) What is the public choice idea or theory?

b) Explain what rent seeking is.

c) How can you combine the ideas of public choice and rent seeking?

d) Choose one real-world example of combining public choice and rent seeking to evaluate.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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