The average cost per seat on a train trip from Edmonton to Jasper is $140. Suppose no refreshments are served and three seats are empty. How could the train company increase its profit?
A) if it charged no less than $140 for the three remaining seats
B) if it charged more than $140 for the three remaining seats
C) if it charged any ticket price above $0 for the remaining seats
D) if it left the seats empty

Question

Quizplus · Accepted Answer

Charging any price above $0 for the remaining seats would increase revenue, as the seats are currently generating no income.

The Average Cost Per Seat on a Train Trip from Edmonton