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Unit 2 - Small Business 6 E.17 Explain the function of profit in a market economy as an incentive for entrepreneurs to accept the risks of business failure. Use the following information to fill in the chart below. USE COMMAS! A. The airline can run 260 flights a month. B. The airline monthly fixed costs are $1,000,000. C. Each passenger costs about $100 to service (variable). D. Each flight can hold 50 passengers. E. The original ticket price is $600. Fixed Cost Profit/Loss Variable Units Total Cost Total Cost Sale Revenue Cost Produ per Unit Price per ced unit 31. What would the airline have to sell its tickets for to breakeven? 32. How much profit or loss did the airline make this month