According to the special interest theory,
A) economic regulation is designed to promote social welfare
B) producers may be able to influence regulators to impose restrictions favorable to producers
C) groups of consumers with special interests may be able to control a regulatory agency to their own benefit
D) foreign lobbyists may be able to control a regulatory agency to their own benefit
E) the fighting between special interest groups over economic regulation may cancel out effects of such regulation
Correct Answer:
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