# profit will the airline earn if it sets the price of each ticket at \$600?

An airline knows that there are two types of travelers: business travelers and vacationers. For a pa Show more An airline knows that there are two types of travelers: business travelers and vacationers. For a particular flight there are 100 business travelers who will pay \$600 for a ticket while there are 50 vacationers who will pay \$300 for a ticket. There are 150 seats available on the plane. Suppose the cost to the airline of providing the flight is \$20000 which includes the cost of the pilots flight attendants fuel etc. a. How much profit will the airline earn if it sets the price of each ticket at \$600? b. How much profit will the airline earn if it sets the price of each ticket at \$300? c. How much profit will the airline earn if it engages in price discrimination? Show less

PLACE THIS ORDER OR A SIMILAR ORDER WITH BEST NURSING TUTORS TODAY AND GET AN AMAZING DISCOUNT

The post profit will the airline earn if it sets the price of each ticket at \$600? appeared first on BEST NURSING TUTORS .