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A Veterinarian Interested in Studying the Causes of Enteroliths in Horses

question 2

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A veterinarian interested in studying the causes of enteroliths in horses suspects that a diet high in alfalfa may be a cause. The veterinarian decides to use the following design: identify 30 horses at high risk for enteroliths, and divide them into 10 groups of 3 horses. Some groups consist of horses in barn stalls, some groups consist of horses in outdoor paddocks, and some groups consist of horses in pastures. Within each group, one horse is randomly assigned to an alfalfa diet, one is assigned to a grass hay diet, and one horse is fed oat hay. When a horse is in a pasture, all the other horses in that pasture will also receive the diet of the study horse. Therefore, only one horse could be selected from a given pasture. The study is:

Definitions:

Pure Monopolist

A market structure wherein a single company exclusively controls the entire market for a particular good or service, facing no competition.

Socially Optimal Output

The level of production of goods and services that results in the most efficient allocation of resources, typically considered at the point where marginal social cost equals marginal social benefit.

Ceiling Price

A legally imposed maximum price that can be charged for a good or service, intended to prevent prices from becoming too high.

Allocative Efficiency

A condition of distributing resources where improving the situation of one person results in the detriment of another.