What Is the Total Profit from Shares That Your Purchased

question 57

Multiple Choice

What is the total profit from shares that your purchased for $33 each plus a commission of $9, and then sold the shares for $44 each 2 years later minus a commission of $15.

• A)$11
• B)$53
• C)$4400
• D)$3309
• E)$1076

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Definitions:

Efficiency

The state or quality of being able to achieve maximum productivity with minimum waste or expense.

Equality

The state or condition of being equal, especially concerning status, rights, and opportunities.

Ticket-Scalping

The act of buying tickets for an event and reselling them at a higher price.

Costs to Society

The total burden that societal behaviors, decisions, or policies place on the welfare of the community, including both direct costs and indirect consequences.