Which of the Following Best Describes the Capture Theory of Regulation

question 210

Multiple Choice

Which of the following best describes the capture theory of regulation?
i.Regulation seeks an efficient use of resources.
ii.Regulation is aimed at keeping prices as low as possible.
iii.Regulation helps firms maximize economic profit.

• A) i only
• B) ii only
• C) iii only
• D) i and ii
• E) i, ii, and iii

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Definitions:

Self-Determination Theory

A psychological theory focused on motivation, proposing that people have innate psychological needs that are the basis for self-motivation and personality integration.

Innate Tendency

Natural instincts or inclinations present at birth and not acquired through learning.

Competence, Autonomy

Attributes related to individuals' abilities to effectively perform tasks and make independent decisions, contributing to their sense of mastery and self-determination.

Relatedness

In psychology, relatedness refers to the need to feel connected to others, being an essential component of human motivation according to various theories, including self-determination theory.