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Suppose Lauren can produce 6 pizzas or 2 cakes in an hour, while Patrick can produce 5 pizzas or 3 cakes in an hour. If
Suppose Lauren can produce pizzas or cakes in an hour, while Patrick can produce pizzas or cakes in an hour. If Lauren and Patrick trade based on the principle of comparative advantage, who will sell each product?a Patrick will sell pizzas and Lauren will sell cakes.b Patrick will sell both cakes and pizzas.c Lauren will sell pizzas and Patrick will sell cakesd Lauren will sell both cakes and pizzas.
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