Author Question: The capture theory of regulation implies that A) regulations promote the attainment of ... (Read 65 times)

pragya sharda · **on:** Jun 29, 2018

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.