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Loraine Loraine
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8 years ago
The capture theory of regulation predicts that
A) regulation helps producers to maximize profits.
B) regulators capture the firm's economic profit and transfer it to consumers as consumer surplus.
C) regulators eliminate the deadweight loss a monopoly can create.
D) resources are used efficiently.
E) regulators capture the firm's economic profit and transfer it to themselves.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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8 years ago
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Loraine Author
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8 years ago
this is exactly what I needed
Mkersey12
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Yesterday
You make an excellent tutor!
asd454512
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2 hours ago
Brilliant ツ
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