An Airline Knows That There Are Two Types of Travelers

question 44

Multiple Choice

An airline knows that there are two types of travelers: business travelers and vacationers.For a particular flight,there are 100 business travelers who will pay $600 for a ticket while there are 50 vacationers who will pay $300 for a ticket.There are 150 seats available on the plane.Suppose the cost to the airline of providing the flight is $20,000,which includes the cost of the pilots,flight attendants,fuel,etc.How much profit will the airline earn if it sets the price of a ticket at $600?

• A)-$5,000
• B)$15,000
• C)$40,000
• D)$70,000

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Definitions:

Overcome

To successfully deal with or gain control over something challenging, such as an obstacle, difficulty, or adversity.

Internal Struggle

The psychological conflict within an individual, often involving competing desires, beliefs, or needs.

Internal Struggle

A personal conflict within an individual, often involving competing values or desires.

Anticipated Threat

An expected or forecasted danger or problem that prompts preparation or preventive measures.