Essay
If they bake only cakes, in a single day George can bake 10 cakes and Greta can bake 5 cakes.If they make only pies, in a single day George can bake 10 pies while Greta can bake 4 pies.We know that:
A.George has an absolute advantage and a comparative advantage in making cakes.
B.George has an absolute advantage and a comparative advantage in making pies.
C.Greta has an absolute advantage and a comparative advantage in making cakes.
D.Greta has an absolute advantage and a comparative advantage in making pies.
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