Economics 1. Isabel can bake 6 cakes or 240 muffins in an eighthour day. Pawel can bake 12 cakes or 360 muffins in an eighthour day. Who has a comparative advantage in cakes, and what is his or her opportunity cost of producing one additional cake? 2. Compare and contrast the two types of capital discussed in the chapter. When economists refer to capital, which type do they mean