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Question
According to the capture hypothesis of regulation,
A) regulation favors producers over consumers because the producers were able to pay off the regulators.
B) regulation eventually favors producers over consumers because the producers have more at stake than individual consumers.
C) regulation benefits the regulators and the legislators who support the regulation by enabling them to obtain favors from both producers and consumers.
D) regulation benefits the consumers over producers because the number of consumers is greater than the number of producers, giving the consumers more political clout.
Answer
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Related questions
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