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Which of the Following Best Describes the Capture Theory of Regulation

Question 56

Multiple Choice

Which of the following best describes the capture theory of regulation? i. Regulation seeks an efficient use of resources.
Ii) Regulation is aimed at keeping prices as low as possible.
Iii) Regulation helps firms maximise economic profit.


A) i only
B) ii only
C) iii only
D) i and ii
E) i, ii and iii

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