Suppose Joe Can Prepare 10 Sandwiches or 5 Pizzas in an Hour

question 158

Multiple Choice

Suppose Joe can prepare 10 sandwiches or 5 pizzas in an hour and Beth can produce 12 sandwiches or 9 pizzas. Which of the following is true?

• A) Joe should produce pizza because he has a lower opportunity cost of producing pizza than does Beth.
• B) Beth should produce pizza because she has a higher opportunity cost of producing pizza than does Joe.
• C) Joe should produce pizza because he has a higher opportunity cost of producing pizza than does Beth.
• D) Beth should produce pizza because she has a lower opportunity cost of producing pizza than does Joe.

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Definitions:

Established Measures

Metrics or standards that have been widely adopted and accepted for evaluating performance, quality, or attainment.

Split Half

A reliability measure where a test is divided into two parts and the scores for each are correlated with one another to assess consistency.

Validity Measures

The extent to which a test or tool measures what it is intended to measure accurately.

Numeral

A symbol or group of symbols used to represent numbers.