An Airline Is Trying to Decide If Flying from Miami $C =$

question 62

Short Answer

An airline is trying to decide if flying from Miami to Tampa is profitable enough to continue this route. For each daily flight, they must have at least 5 first class passengers and 16 coach passengers to make a profit. They cannot have more that 49 passengers on board due to capacity regulations. Draw a graph representing the number of first-class and coach passengers the airline can have to still be profitable. A) $C =$ coach passengers,
$F =$ first-class passengers.


B) $C =$ coach passengers,
$F =$ first-class passengers.

C) $C =$ coach passengers,
$F =$ first-class passengers.


D) $C =$ coach passengers,
$F =$ first-class passengers.

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Definitions:

Nominal Risk-Free

The rate of return on an investment with no risk of financial loss, not adjusted for inflation.

Export Development Canada

A Canadian government agency that provides financing, insurance, and bonding services to Canadian exporters and investors.

Canadian Exports

Goods or services sold by Canada to other countries.

Federal Crown Corporation

A type of corporation in Canada that is federally chartered and owned by the government to conduct various commercial activities and services.