Which of the Following Is NOT True According to Capture

question 20

Multiple Choice

Which of the following is NOT true according to Capture Theory?

• A) Protection of monopoly power is the actual goal and result of legislation and regulations.
• B) Regulation creates a legally enforceable monopoly that is utilized to prevent other producers from entering the market.
• C) Politicians accept a monopoly in exchange for campaign contributions.
• D) Companies earn lower profits, and the prices are lower than in a competitive market.

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Definitions:

Loaded Question

A question that contains a controversial or unjustified assumption, often steering the response in a particular direction.

Implicit Assumption

An unstated premise or belief that underlies an argument or reasoning.

Begging the Question

A logical fallacy where an argument's premise assumes the truth of the conclusion instead of supporting it.

Proposition

A statement or assertion that expresses a judgment or opinion, capable of being true or false.