Solved: If each seat ticket costs 500 how many customers must fly, Microeconomics

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If each seat ticket costs 500 how many customers must fly

Question - Economics Airlines currently spends $20,000 per month in airport fees and $10,000 per flight for fuel, crew, and airplane maintenance. Economics Airlines currently offers 5 flights from State College to Detroit and is considering offering a 6th. If each seat ticket costs $500, how many customers must fly on the 6th flight in order for Economics Airlines to be willing to run it?

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Microeconomics: If each seat ticket costs 500 how many customers must fly

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Microeconomics: If each seat ticket costs 500 how many customers must fly

Reference No:- TGS02468690

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