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3. Rachel's Sweet Treats is located near another bakery, Sarah's Bakery . Rachel can make 4 cakes or 3 dozen cookies each day. Sarah can
3.Rachel's Sweet Treats is located near another bakery, Sarah's Bakery. Rachel can make 4 cakes or 3 dozen cookies each day. Sarah can make 6 cakes or 12 dozen cookies each day.
- Who has an absolute advantage in the bakery business and explain your answer?
- Who has the comparative advantage in making cakes and explain your answer?
- Who has the comparative advantage in making cookies and explain your answer
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