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Philadelphia Swim Club is planning for the coming year.Investors would like to earn a 10% return on the company's $30 million of assets.The company primarily incurs fixed costs to maintain the swimming pools.Fixed costs are projected to be $12,500,000 for the year.About 500,000 members are expected to swim each year.Variable costs are about $10 per swimmer.Philadelphia Swim Club is a price-taker and won't be able to charge more than its competitors who charge $37.00 for a membership.What profit will it earn in terms of dollars?
Approach Goals
Goals framed in terms of desired outcomes or experiences, such as learning to scuba dive.
Positive Experiences
Events or moments that lead to feelings of happiness, satisfaction, or well-being.
Performance Goals
Goals framed in terms of performing well in front of others, being judged favorably, and avoiding criticism.
Intrinsic Pleasure
A feeling of satisfaction or joy that comes from within, not dependent on external factors.
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