Which of the following is an explanation of the capture, Ask an Expert

Economics

Which of the following is an explanation of the capture theory?

A. products have too many warnign labels, consumers may not read them

B. regulators who are interested in keeping their jobs must please both the industry and consumer

C. people who have been in an industry are most likely to be asked to be regulators

D. in some markets sellers has more information about products than buyers

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91236982

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