Parties are usuallyfree to bargain as they wish

Assume price and demand are related by the following function: v = 200 - p. If fixed cost = $10,000 and variable cost = $8, then the expression for profit is ________

Fill in the blank with correct word.

Clancy, a purchasing assistant, asks the CEO to go to a movie with him, so Clancy probably does not have a clear understanding of unwritten boundaries

Indicate whether the statement is true or false.