The Chart Below Shows the Amount Spent by Three U

question 70

Multiple Choice

The chart below shows the amount spent by three U.S. airlines to fly one available seat one mile in the fourth quarter of 2000. $\begin{array} { | l | l | l | l | } \hline \text { Airline } & \text { Continental } & \text { SkyWest } & \text { SouthWest } \\\hline \text { Cost } & 9.8 \text { cents } & 20.3 \text { cents } & 7.8 \text { cents } \\\hline\end{array}$
Suppose that, on a 2000-mile Miami-Memphis flight, Continental, SkyWest, and SouthWest flew a total of 170 empty seats, costing them a total of $48,520. If SkyWest had twice as many empty seats as SouthWest, how many empty seats did each of these three airlines carry on its flight

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Definitions:

Raw Materials

The basic materials from which products are made, typically extracted natural resources or agricultural products.

Circular Flow Model

An economic model depicting how money moves through the economy between producers and consumers.

Resource Market

A market where resources or inputs needed for production, such as labor, capital, and raw materials, are bought and sold.

Injection

An introduction of income into the economy through investment, government spending, or exports.