Question: Hello, Please, I need your help. Please, do not take the answer from other sites. Thank you. The price elasticity of demand for air travel

Hello,

Please, I need your help. Please, do not take the answer from other sites. Thank you.

The price elasticity of demand for air travel differs radically from first-class (-3) to unrestricted coach (-4) to restricted discount coach (-9). What do these elasticities mean for optimal prices (fares) on a cross-country trip with incremental variable costs (marginal costs) equal to $120?

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