Suppose that three volunteers are preparingcookies and cupcakes for a bake sale. Diana canmake 27 cookies or 18 cupcakes per hour; Andycan make 25 cookies or 17 cupcakes; and Sam canmake 10 cookies or 12 cupcakes. [ LO 2.2]a. Who has the absolute advantage at makingcookies?b. At making cupcakes?
Suppose that three volunteers are preparingcookies and cupcakes for a bake sale. Diana canmake 27 cookies or 18 cupcakes per hour; Andycan make 25 cookies or 17 cupcakes; and Sam canmake 10 cookies or 12 cupcakes. [ LO 2.2]a. Who has the absolute advantage at makingcookies?b. At making cupcakes?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Suppose that three volunteers are preparing
cookies and cupcakes for a bake sale. Diana can
make 27 cookies or 18 cupcakes per hour; Andy
can make 25 cookies or 17 cupcakes; and Sam can
make 10 cookies or 12 cupcakes. [ LO 2.2]
a. Who has the
cookies?
b. At making cupcakes?
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