Suppose that in Problem 11, Air Shangrila has scheduled only 1,300 seats per week on its route.

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Suppose that in Problem 11, Air Shangrila has scheduled only 1,300 seats per week on its route. How many of those seats should it sell to its tourist and business travelers, respectively? What will its prices be?

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Microeconomics

ISBN: 978-1118572276

5th edition

Authors: David Besanko, Ronald Braeutigam

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Question Posted: Mar 18, 2016 04:56 AM

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Suppose that in Problem 11, Air Shangrila has scheduled only 1,300 seats per week on its route.

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Q tourist 715 seats Q business 586 seats At a price of P tourist 52850 P business 60350 Explanation ...View the full answer

Microeconomics

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