Marginal airlines runs 10 flights per day at a total cost, Ask an Expert

Economics

marginal airlines runs 10 flights per day at a total cost of $50,000, including $35,000 in fixed costs for airport fees and the reservation system and $15,000 for flight crews and food services. If an 11th flight would have 20 passengers, each paying $85, would it be sensible to run the flight?

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Econometrics, Economics

Category:- Econometrics
Reference No.:- M9495276

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