Monica and Rachel are roommates. Monica can cook dinner in 30 minutes and clean the house in 20 minutes. Rachel takes 60 minutes to cook dinner and 30 minutes to clean the house. How should the roommates allocate the work? As you formulate your argument,please use the following set of questions as a guideline for your initial post:

1. Who has an absolute advantage in cooking? In cleaning? Who has a comparative advantage in cooking? In cleaning? Explain.
2. Explain how will they divide the chores - who cooks? Who cleans? Explain.
3. At what terms of trade will both individuals agree to allocate the chores? Explain.