The capture theory of regulation implies that A) regulations ...

[pragya sharda]

The capture theory of regulation implies that
 
  A) regulations promote the attainment of efficiency.
  B) regulations promote the attainment of economic profit.
  C) public officials favor voters over producers.
  D) the demand for regulation is less elastic than the supply.

Question 2

The public education system is an example of
 
  A) an income maintenance program.
  B) a negative income tax.
  C) the poor paying more than the market price for a service they receive.
  D) a subsidized service.

[dudman123]

Answer to Question 1

B

Answer to Question 2

D

[pragya sharda]

Excellent

[frankwu0507]

Thanks for the timely response, appreciate it