<span>If you were to make more than a dozen cookies assuming that you can't bake them on separate cookie sheets at the same time than of course it will take longer to fill than one-dozen, but even with a discount you are making more of a profit than just selling one-dozen. Keeping the discount to a minimum is key, so possibly offering just 10% orders over one dozen cookies.</span>
The type of rationalization made by the employee is based on <em>other employee are </em><em>doing </em><em>it.</em>
Rationalization refers to when individual attempt to justify a behavior with logical reasons even though those reason are not appropriate.
- Here, the employee does rationalize giving free entry to her friend because other employee gives free popcorn to their friends.
Hence, the type of rationalization made by the employee is based on <em>other employee are </em><em>doing </em><em>it.</em>
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Answer:
The answer is B.
Explanation:
Accounts receivable turnover is the number of times per period(quarterly, semiannuallly or yearly) that a business
or firm collectss its average accounts receivable. The ratio is used to evaluate the firm's ability to efficiently sell on credit and collect money from its customers in a timely manner.
A lower number of turnover depicts higher efficiency.
Therefore, the correct answer is B. It measures how frequent, on average, receivables are received and collected during the period
Answer:
Comparative advantage.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation." Also, the principle of comparative advantage states that, nations (countries) can become better off than their contemporaries through the process of specializing in what they know how to produce or do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
In general, individuals and nations should specialize in producing those goods for which they have a comparative advantage.