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You believe that the world needs more carbs. You also like to making money. You also believe in thinking globally but acting locally. Hence, you
You believe that the world needs more carbs. You also like to making money. You also believe in thinking globally but acting locally. Hence, you intend to invest $3000 in a bakery business in Duluth. You are considering two bakeries. "Cake Superior" (CS) has total fixed costs of $5000 and total variable costs of $11.000 per month. "Bread Pitt" (BP) has total fixed costs of $11,500 and total variable costs of $4,500 per month. Monthly total revenue for both bakeries are $20,000. The bakery business is on the rebound and is a growing sector. Both bakeries are likely to grow their sales volume by about 13% each month. Which bakery would you invest in? Justify your answer (less than 150 words). **Either choice is okay as long as you can justify it (using what you learnt in class and other). No justification = 0 points
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