If an Airline Company Has Several Empty Seats on a Flight

question 215

Multiple Choice

If an airline company has several empty seats on a flight and the full price of an air ticket is $500 and the marginal cost per passenger is $100, then it will be profitable for the airline to

• A) charge a stand-by passenger no less than the full fare of $500.
• B) charge a stand-by passenger less than $100.
• C) charge a stand-by passenger more than $500.
• D) charge a stand-by passenger more than $100.
• E) fill the seats at the last minute for any price.

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Definitions:

Amino Acids

Amino acids are organic compounds that combine to form proteins, serving as the building blocks of life and playing critical roles in cell structure and function.

Primary Structure

The sequence of amino acids in a protein, determining its shape and function through various levels of structural folding.

Peptide Bond

A chemical bond formed between two molecules when the carboxyl group of one molecule reacts with the amino group of the other molecule, releasing a molecule of water (dehydration synthesis).

Hydrophobic Nature

A property of molecules or substances that repel water or are not easily soluble in water.