ECONOMICS
economics refers to the study of the process by which people and countries make choices in the development and distribution of its resources, goods, and services .
The process of a country deciding how to use the income from its resources on goods and services is an example of an economic system at work .
It means that the currency that exist in forex market could be either sold or bought by anyone around the world.
for example ,
I live in United states. But through forex market, i could easily buy or sell Yen currency, which is used in Japan
Triple bottom line is a framework for reporting material benefit, and this reporting has to be done transparently because of the corporate social responsibilities. This transparent reporting is a part of the triple bottom line.
Answer:
A special agent
Explanation:
An agent is a person who acts in the name of and on behalf of another, who has been given the degree of authority to do so.
A special agent is an agent that is authorized to carry out a specifically designated instance or in a specifically designated set of transactions or function. Any act out side the specific task or function authorized by the principal is not binding on the principal.
For example the major duty of a real estate broker is to find a buyer for the principal’s property.
Hence the best answer to the question is real estate brokers act in the capacity of a Special agent
Units produced and sold: 3000 meals
Revenue: $18000
Cost of goods sold: ($13500)
Gross profit: $4500
Administrative Costs: ($2400)
Operating Profit: $2400
Sales Revenue - Cost of goods sold - Administration cost = Operating Profit
Units Produced and sold: 3000+300 meals
Revenue: $18000+ $3.5*300 = 19050
Cost of goods sold: ($13500) + (4500) = ($18000)
Gross profit: $1050
Administrative Costs: ($2400)+($600) = ($3000)
Operating Profit: ($1950)
New operating profit - old operating profit = Change in Operating İncome
-1950-2400 = -$4350
The Operating profit reduced by $4350
