Use the Information Below to Answer the Following Question(s)

question 38

Multiple Choice

Use the information below to answer the following question(s) . Below is a decision tree for the airline revenue management. Create a one-way table and answer the following questions.
-What is the expected value of the ticket when a discount is offered on the full fare? [Hint: Choose the approximate value.]

• A) $ 442.50
• B) $ 472.00
• C) $ 410.00
• D) $ 501.50

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Definitions:

Proprietorships

Businesses owned and operated by a single individual, bearing full responsibility for its assets and liabilities.

Partnerships

A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Net Investment

The total amount spent by a company or economy on capital assets, minus depreciation, reflecting the increase in value of the entity's productive capacity.

Capital Stock

The total value of machinery, buildings, and equipment owned by businesses used to produce goods and services.