Answer:
Ricardo is wrong.
Explanation:
Ricardo's recipe for 4 loaves of bread requires 2/3 cup of olive oil.
Now we are given that he wants to make 1 loaf.
So, 4 loaves requires cup of oil =

So, 1 loaf requires cup of oil =

=

=

Thus he requires 1/6 cup of oil to make 1 loaf .
While he decided he needs 1/4 cups .
So, Ricardo is wrong