The Capture Theory Holds That Regulations Are Supplied to Maximize

question 88

Multiple Choice

The capture theory holds that regulations are supplied to maximize

• A)total sales.
• B)economic profit.
• C)marginal product.
• D)consumer surplus.
• E)marginal revenue.

---

Definitions:

Corporate Public Affairs

A strategic management function that helps a company communicate with stakeholders and manage its external environment.

Government Relations

Government relations entail the strategic management of interactions and communications between an organization and governmental bodies, aimed at influencing public policy and regulations to support the organization's goals.

Lobbying

A process where individuals, groups, or organizations attempt to influence governmental policies, laws, or decisions in their favor.

Public Affairs Professionals

Individuals engaged in managing and influencing public policy and opinion, typically within the context of governments, NGOs, or corporations.