Question: Problem 2 ( 1 . 0 pts ) An airline has two fare classes and protects 4 0 seats for the higher fare class. Assume

Problem 2(1.0 pts) An airline has two fare classes and protects 40 seats for the higher fare class.
Assume that total capacity is 100 seats. The demand for the higher fare class ranges from 30 to
70 and it is uniformly distributed. If the discount ticket costs $300, how much should the full fare
ticket cost to make the protection level of 40 optimal?
Hint: Use the formula pdpf=P(df>y) for the uniformly distributed demand.
Problem 2(1.0 pts) An airline has two fare classes and protects

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