An aircraft has 100 seats and there are two types of fares, Managerial Economics

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An aircraft has 100 seats and there are two types of fares

Question:

An aircraft has 100 seats, and there are two types of fares: full ($499) and discount ($99). While there is unlimited demand for discount fares, demand for full fares is estimated to be anywhere between 10 and 30. How many seats should protected for full fare passengers

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Managerial Economics: An aircraft has 100 seats and there are two types of fares

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Managerial Economics: An aircraft has 100 seats and there are two types of fares

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