(Steps Shown) According to capture theory, regulation occurs because a Small group of losers from regulation loses a great deal per person. Small group of winners


Question: According to capture theory, regulation occurs because a

  1. Small group of losers from regulation loses a great deal per person.
  2. Small group of winners from regulation gains a great deal per person.
  3. Large group of winners from regulation gains only a small amount per person.
  4. Deadweight loss escapes market disciplines.

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