One Difference Between a Repeated Measures Design and a Matched

question 37

Multiple Choice

One difference between a repeated measures design and a matched samples design is that

• A)only one design is a type of related sample design
• B)only one design increases the power to observe an effect
• C)only one design involves observing the same participants in each group
• D)only one design eliminates between-persons variability

---

Definitions:

Deadweight Loss

Deadweight loss refers to a loss in economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is not achievable.

Marginal Cost

The cost of producing one additional unit of a product or service, reflecting the change in total cost that arises from an increase in production.

Socially Efficient

The optimal allocation of resources that occurs when the social welfare is maximized, accounting for all costs and benefits to society.

Price Discrimination

A strategy where a seller charges different prices for the same product or service to different customers, based on the market segment each represents.