Danny Dolittle Makes Crafts in His Spare Time and Always

question 203

Multiple Choice

Danny Dolittle makes crafts in his spare time and always sells everything he makes at local craft shows.Danny specializes in four products.Because Danny's time is limited before the next craft show, he is trying to decide how to use his time to the best advantage.Information related to the four products that Danny produces are shown below: Rank the products from the most profitable to the least profitable use of the constrained resource.

• A)Rag Dolls, Pot Holders, Bread Baskets, Finger Puppets
• B)Rag Dolls, Bread Baskets, Finger Puppets, Pot Holders
• C)Pot Holders, Rag Dolls, Finger Puppets, Bread Baskets
• D)Bread Baskets, Rag Dolls, Finger Puppets, Pot Holders

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Definitions:

Reasonably Assured Expectations

The anticipation of benefits or rights that a reasonable person would consider as likely to happen under a contractual agreement.

Course of Performance

An aspect of contract law, referring to the conduct between parties in the performance of a contractual agreement, which can help interpret the contract's terms.

Executed Contract

A contract that has been completely performed by both parties.

Contractual Obligation

A duty or responsibility that is legally binding under the terms of a contract.