Which of the Following Is True in a Regulatory Environment

Multiple Choice

Which of the following is true in a regulatory environment?

A) The number of consumers is large,and their individual payoffs from successful lobbying are also large.
B) The number of consumers is large,and their individual payoffs from successful lobbying are small.
C) The demand for regulation is perfectly inelastic.
D) The supply of regulation is usually tied to another industry's success.