<span>It is a precautionary principle when industrial activity poses a risk,
even if the threat is as yet poorly understood, prudence calls for restraint. set
of methods and procedures for aligning corporate strategies, policies, and
operations with principles that protect ecosystems. </span>
When the demand for bikes has considerably increased with a rise in price by $10, then the profit also increases by $10 on every bike sold.
<h3>What is meant by profit?</h3>
Profit is an incentive earned by a company by selling its products at a price higher than the original cost.
From the provided situation, it has been analyzed that there is a direct relationship between price and demand, which means an increase in demand leads to a rise in prices also. This will ultimately raise the profits of a company in respect of goods sold.
Therefore, the profits are also raised by $10 in a similar way as the rise in price by $10 due to an increase in demand for bikes.
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Answer: $135.66
Explanation:
Given that,
Revenue earned in October = $550,000
Number of customers = 300
Operating costs:
Manager's Salary = $5,500
Gym Rent = 1,800
Depreciation Expense long dash Equipment = 7,000
Office Supplies Expense = 2,300
Utilities Expense = 1,600
Trainer's Salary = 22,500
Therefore,
Unit cost per customer = 
= 
= $135.66
The answer is Option.
An option contract is an agreement between two parties to facilitate a potential transaction involving an asset at a preset price and date.
An options contract offers the buyer the opportunity to buy or sell, depending on the type of contract they hold. If the contract states buying it will be the Call option. On the other hand, if the contract states selling it will become a Put option.
Buying an option offers the right, but not the obligation, to purchase or sell the underlying asset.
Hence, A foreign currency Option gives the purchaser the right, not the obligation, to buy a given amount of foreign exchange at a fixed price per unit for a specified period.
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A listing contract that spells out terms and conditions for the seller and broker is a Written or Expressed agency agreement.
Express agency is an agreement that is signed in writing and is made between the principal and the agent. The contracts give the agent authority granted by the principal through an agency agreement.
An Express agency is a real agency established by a verbal or written agreement between the agent and the principal. The Principal hereby appoints the Agent hereunder to act as the Principal's agent. An express agency, for instance, is a documented listing agreement between a broker and a real estate seller. An agency agreement outlines the conditions of the agency, including what the agent is allowed to do and how much is paid for the agent's services. The agreement also grants the agent the power that the principal specifies, such as the only able to act in her place.
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