The average cost per seat on the 50-passenger Floating-On-Air Bus company's trip from Kansas City to St.Louis,on which no refreshments are served,is $45.In advance of a particular trip,three seats remain unsold.The bus company could increase its profit only if it
A) charged any ticket price above $0 for the three remaining seats.
B) charged at least $15 for each of the three remaining seats.
C) charged at least $45 for each of the three remaining seats.
D) paid three people to occupy the three remaining seats.

Question

Quizplus · Accepted Answer

The bus company would increase its profit by charging any amount above $0 for the remaining seats, as any additional revenue would contribute to covering fixed costs and increasing overall profit.

The Average Cost Per Seat on the 50-Passenger Floating-On-Air Bus