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Question
Economists use the term regulatory capture to mean a situation where the private sector firms being regulated ?
Options:
A .  Persuade the regulator to operate in the industry’s interests
B .  Persuade the regulator to act in the firms interests.
C .  Bribe the regulator.
D .  Persuade the government to change the regulatory regime.
Answer: Option A
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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