Question: Answer the question Consider an airline's decision about whether to cancel a particular flight that hasn't sold out. The following table provides data on the

Answer the question

Answer the question Consider an airline's
Consider an airline's decision about whether to cancel a particular flight that hasn't sold out. The following table provides data on the total cost of operating a 100-seat plane for various numbers of passengers. Total Cost Number of Passengers (Dollars per flight) 0 30,000 10 45,000 20 50,000 30 53,000 40 55,000 50 57,000 60 58,000 70 58,500 80 59,000 90 59,300 100 59,500 Given the information presented in the previous table, the fixed cost to operate this flight is is . At each ticket price, a different number of consumers will be willing to purchase tickets for this flight. Assume that the price of a flight is fixed for the duration of ticket sales. Use the previous table as well as the following demand schedule to complete the questions that follow

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