A gambler wanted to compare two types of poker strategies. One type is playing tight and the other is a loose style of play. It is a common belief that playing tight will win more pots. This belief is tested by having 10 poker players use each type of strategy in a game and comparing the number of pots won under each method of play. A coin flip was used to determine which type of poker strategy each player would follow first. Results indicated that there was no difference in the two types of strategy. Complete parts (a) through (f) below. (a) What type of experimental design is this?

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.