Regulatory commissions often set a(n) ____ for a regulated business

Using the specific factors model, assume that strawberry production requires the specific factor of land, tractor production requires the specific factor of capital, and labor is variable. If the United States is capital abundant compared to Mexico, and Mexico is land abundant compared to the United States, then in the short run with trade we would expect

A) the income of U.S. land owners to increase. B) the income of U.S. workers to increase. C) the income of Mexican workers to increase. D) the income of Mexican land owners to increase.

Some economists are suggesting that we should use the insights of behavioral economics to:

A. Coerce people to make decisions towards improving their happiness B. Design elaborate rules to restrict individuals' chances of hurting themselves C. Nudge people toward choices that improve their welfare or that of others D. Provide huge monetary incentives to people to move them to action