The political economy theory views regulation as shaped by market imperfections, institutions and their officeholders, and the nonmarket action of private interests.
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Q34: Firms seek federal regulations to avoid states
Q35: Congress enacted the _ to provide for
Q36: Regulatory decisions are required to bear a
Q37: The Congress exerts great influence on the
Q38: The major focus of the third phase
Q40: Regulation is also supplied in response to
Q41: _ occurs when one group of customers
Q42: Discuss the political economy theory of regulation.
Q43: Discuss the roles of regulation.
Q44: _ is a market imperfection that results
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