The Capture Theory of Regulation Is Defined as

question 37

Multiple Choice

The capture theory of regulation is defined as

• A) the use of regulations to assure the efficient use of resources.
• B) the constant reapplication of regulation on the cable TV industry.
• C) the use of regulation to assist producers to maximize profits.
• D) the removal of regulations on business activities.
• E) regulation that focuses on consumers' interests and ignores producers' interests.

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Definitions:

Ceramic Rod

A rod made of ceramic material, often used in applications requiring high temperature resistance or electrical insulation.

Composition Carbon

Likely refers to carbon composition resistors, electronic components made from carbon dust or graphite paste, used for their stable electrical resistance.

Variable Resistor

An electronic component that can adjust the flow of electrical current through it by changing its resistance.

Potentiometer

A variable resistor with a sliding contact that is used as a voltage divider.