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Economics
MEDIUM
ENGLISH
Economics
Economists use the term regulatory capture to mean a situation where the private sector firms being regulated ?
Persuade the regulator to operate in the industry’s interests
Correct answer
B
Persuade the regulator to act in the firms interests.
Option B
C
Bribe the regulator.
Option C
D
Persuade the government to change the regulatory regime.
Option D
Correct answer: A
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