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Business, 04.11.2019 23:31 alexsysantiago54

An airline's plane from los angeles to new york is about to take off, but it still has a few seats empty. if the average cost per seat is $500, what price should the airline charge passengers in standby to fill in those remaining seats? (consider that quantitative decisions are made at the margin) select one: a. at least $500. b. exactly $500. c. any price above zero that will entice standby passengers to take the flight. d. slightly less than $500.

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An airline's plane from los angeles to new york is about to take off, but it still has a few seats e...
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