12 day before the departure, the bid prices for Dallas, Atlanta Charlotte flights of this airline...

 

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12 day before the departure, the bid prices for Dallas, Atlanta Charlotte flights of this airline are: Charlotte Dallas Leg Bid Price i) Atlanta ii) Dallas Atlanta 100 a) The booking system quest prices by adding 20% profit margin on the bid prices. Find the ticket prices for the direct flight Dallas Atlanta → Charlotte. b) A passenger want to go to Charlotte from Dallas and is willing to bid for an opaque itinerary in priceline.com. This passenger learns the legs of the flight after buying the flight initially specified only by the origin destination pair as (Dallas, Charlotte). Such passengers are price sensitive and the airline drops the profit margin to 100% for them. Atlanta → Charlotte Dallas Charlotte 80 200 If the passengers bids $200 for (Dallas, Charlotte), does Priceline sell a ticket? If yes, what are the legs on the ticket? If the passengers bids $190 for (Dallas, Charlotte) does Priceline sell a ticket? If yes, what are the legs on the ticket? 12 day before the departure, the bid prices for Dallas, Atlanta Charlotte flights of this airline are: Charlotte Dallas Leg Bid Price i) Atlanta ii) Dallas Atlanta 100 a) The booking system quest prices by adding 20% profit margin on the bid prices. Find the ticket prices for the direct flight Dallas Atlanta → Charlotte. b) A passenger want to go to Charlotte from Dallas and is willing to bid for an opaque itinerary in priceline.com. This passenger learns the legs of the flight after buying the flight initially specified only by the origin destination pair as (Dallas, Charlotte). Such passengers are price sensitive and the airline drops the profit margin to 100% for them. Atlanta → Charlotte Dallas Charlotte 80 200 If the passengers bids $200 for (Dallas, Charlotte), does Priceline sell a ticket? If yes, what are the legs on the ticket? If the passengers bids $190 for (Dallas, Charlotte) does Priceline sell a ticket? If yes, what are the legs on the ticket?

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Lets tackle each part of the question stepbystep a Finding the ticket prices for the itinerary from Dallas Atlanta Charlotte with a 20 profit margin T... View the full answer