The Existing Entries in the Following Table Show the Maximum

question 140

Essay

The existing entries in the following table show the maximum quantities of milk shakes or fruit smoothies the college president and dining hall staffer could make during an afternoon shift, given a fixed amount of resources.
a. Fill in the remaining part of the table be sure to label the units) and answer the questions below.
$$\begin{array} { l l l l l } \hline & \begin{array} { l } \text { Number of } \\\text { Milk Shakes } \\\text { per Shift }\end{array} & \begin{array} { l } \text { Number of } \\\text { Smoothies } \\\text { per Shift }\end{array} & \begin{array} { l } \text { Opportunity } \\\text { Cost of 1 } \\\text { Smoothie }\end{array} & \begin{array} { l } \text { Opportunity } \\\text { Cost of 1 } \\\text { Milk Shake }\end{array} \\\hline \text { President } & 50 & 25 & & \\\text { Dining Hall } & 90 & 30 & & \\\text { Staffer } & & & & \\\hline\end{array}$$
b. Who has a comparative advantage in producing smoothies?
c. Who has an absolute advantage in producing milk shakes?

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Definitions:

Variability

The extent to which data points in a set differ from each other and from the average, indicating the spread or dispersion.

Reactivity

The tendency of participants to change their behavior due to the awareness of being observed or studied.

Internal Consistency Reliability

Reliability assessed with data collected at one point in time with multiple measures of a psychological construct. A measure is reliable when the multiple measures provide similar results.

Interrater Reliability

The degree of agreement among raters or judges, ensuring consistency in the assessment or observation of a variable.