12.24. An airline has 200 seats in the coach portion of the cabin of an Airbus A340....

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12.24. An airline has 200 seats in the coach portion of the cabin of an Airbus A340. It is attempting to determine how many seats it should sell to business travelers and how many to vacation travelers on a flight between Chicago and Dubai that departs on Monday morning, January 25. It has tentatively decided to sell 150 seats to business travelers and 50 seats to vacation travelers at

$4,000 and $1,000, respectively. It also knows:

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Microeconomics

ISBN: 9780470563588

4th Edition

Authors: David Besanko, Ronald Braeutigam

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