Economists who think the capture hypothesis explains regulatory behavior will support their claims by noting that
A. regulation as carried out in this country generates larger profits for the firms and does not generate lower prices for consumers.
B. Congress ensured that consumers have more influence on the decisions of regulators by setting up the agencies in ways that insulated the regulators from the regulated firms.
C. the firms that are regulated have greater incentive to try to influence regulators than do consumers.
D. consumers actually dominate regulatory hearings through the influence of consumer advocacy groups.
Answer: C
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