Suppose an airline marginal cost per seat for the round-trip fight is $500. For profit-maximization, the airline

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Suppose an airline’ marginal cost per seat for the round-trip fight is $500. For profit-maximization, the airline should charge $_____ per round-trip (Hint: Apply the “half-way rule” of MR, CH 12).

A. 500

B. 1,000

C. 1,500

D. 2,000

Related Book For answer-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Posted Date: Jan 04, 2021 11:46 AM

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Suppose an airline marginal cost per seat for the round-trip fight is $500. For profit-maximization, the airline

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Mathematical Applications for the Management Life and Social Sciences

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