How many seats should be protected for full-fare passengers, Microeconomics

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How many seats should be protected for full-fare passengers

An aircraft with 100 seats serves passengers through two types of fares: full ($505) and discount ($105). Extra passengers have $5 marginal cost. Demand for discount tickets is unlimited, while demand for full-fare tickets is evenly distributed between 11 and 30 seats. How many seats should be protected for full-fare passengers?

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Microeconomics: How many seats should be protected for full-fare passengers

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Microeconomics: How many seats should be protected for full-fare passengers

Reference No:- TGS066924

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

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Ask an Expert for Answer!!

Microeconomics: How many seats should be protected for full-fare passengers

Reference No:- TGS066924

Recent Questions Asked Microeconomics

Q : Effect on equilibrium real gdp

Q : Barilla operations system faces

Q : Mass communications

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Q : How many seats should be protected for full-fare passengers

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Q : What happen if there is no restruction

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Q : What is the difference between kamath''s and gehr''s required

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