The average cost per seat on an airplane trip from Toronto to Halifax is $300. Suppose no refreshments are served and seven seats are empty. How could the airline company increase its profit?
A) if it charged no less than $300 for the seven remaining seats
B) if it charged more than $300 for the seven remaining seats
C) if it charged any ticket price above $0 for the remaining seats
D) if it left the seats empty
Correct Answer:
Verified
Q69: Carol has spent $2000 purchasing and repairing
Q70: In the nation of Dictatorland, farmers traditionally
Q71: A donut shop sells fresh baked donuts
Q72: Stan buys a 1966 Mustang, which he
Q73: When policymakers make policies that change the
Q75: Your professor loves her work teaching economics.
Q76: A carpenter maker currently produces 50 cabinets
Q77: Russell has spent $10,000 purchasing and repairing
Q78: Jay has spent $500 purchasing and repairing
Q79: Suppose your accounting professor has been offered
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents