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Business, 18.09.2019 04:30 Kigarya

Scenario 15-5 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 $20,000, which includes the cost of the pilots, flight attendants, fuel, etc. refer to scenario 15-5. how much profit will the airline earn if it sets the price of each ticket at $300

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