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The Existing Entries in the Following Table Show the Maximum

question 124

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.  Number of  Milk  Shakes per  Shift  Number of  Simoothies  Opportunity  Cost of 1  Simoothie  Opportunity  Cost of 1 Milk  Slake  President 5025 Dining Hall  Staffer 9030\begin{array} { | l | l | l | l | l | } \hline & \begin{array} { l } \text { Number of } \\\text { Milk } \\\text { Shakes per } \\\text { Shift }\end{array} & \begin{array} { l } \text { Number of } \\\text { Simoothies }\end{array} & \begin{array} { l } \text { Opportunity } \\\text { Cost of 1 } \\\text { Simoothie }\end{array} & \begin{array} { l } \text { Opportunity } \\\text { Cost of 1 Milk } \\\text { Slake }\end{array} \\\hline \text { President } & 50 & 25 & & \\\hline \begin{array} { l } \text { Dining Hall } \\\text { Staffer }\end{array} & 90 & 30 & & \\\hline\end{array}
b. Who has a comparative advantage in producing smoothies?
c. Who has an absolute advantage in producing milk shakes?


Definitions:

Chemical Reaction

A process that involves rearrangement of the molecular or ionic structure of substances, resulting in the formation of new products.

Nitrogen Gas

A diatomic molecular gas (N2) that constitutes 78% of the Earth's atmosphere, colorless, odorless, and mostly inert.

Nitrogen Monoxide

A colorless gas with the formula NO; it is an important signaling molecule in the body and contributes to various biological processes.

Reaction Rate

The speed at which a chemical reaction occurs, typically expressed in terms of the concentration of reactants consumed or products formed over time.

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