Answer:
Profit = $125,000
Explanation:
We know,
Profit = Sales revenue - Expense
Given,
Sales revenue = Number of seats available × Ticket price per person
Sales revenue = (1,000 seats × $150) + (500 seats × $50)
Sales revenue = ($150,000 + $25,000)
Sales revenue = $175,000
Expense = $50,000
Putting the values to the formula, we will get
Profit = Sales revenue - Expense
Profit = $175,000 - $50,000
Profit = $125,000
<span>The economic factor that helped create the Great Depression the most is the allowance of people to buy stocks on a margin. Buying on the margin is simply borrowing money from the brokerage to buy the stock. This allows people to buy more stock than they can afford to. When they get lucky and it pays out all is good, but when the stocks they pick tank, they are left with far more debt than they can affor.</span>
Answer: This spells negative consequences for the economy
Explanation:
Became financial intervention or intermediation will be greatly affected