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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.
b. Who has a comparative advantage in producing smoothies?
c. Who has an absolute advantage in producing milk shakes?
Stanford Achievement Test
A standardized test used to assess academic knowledge and skills in students.
Survey Battery
A collection of surveys or questionnaires used together to assess a wide range of attitudes, behaviors, or characteristics in a particular group.
Achievement Tests
Achievement tests are designed to assess a person's knowledge or proficiency in a particular area or field, typically acquired through education or training.
SATs
Standardized tests commonly used for college admissions in the United States, measuring critical reading, math, and writing skills.
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