For a factor of production to be called capital it must:

If each player in a game uses a strategy that results in a Nash equilibrium outcome, the players are most likely to say

A) "I don't like my choice, because I think I could have done better." B) "Given the strategies chosen by the other players in the game, I probably could have done better if I had more time." C) "Given the strategies chosen by the other players in the game, I made the best possible choice." D) "There was no real strategy on my part, I basically made an educated guess."

The hypothesis that regulators eventually are controlled by the regulated firms and their special interests is the

A) share-the-gains, share-the-pains hypothesis. B) capture hypothesis. C) public interest theory. D) control-group hypothesis.