==+6. Elizabeth Airlines (EA) flies only one route: Chicago Honolulu. The demand for each flight is Q

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==+6. Elizabeth Airlines (EA) flies only one route: Chicago–

Honolulu. The demand for each flight is Q = 500 - P.

EA’s cost of running each flight is $30,000 plus $100 per passenger.

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Microeconomics

ISBN: 9780134184241

9th Edition

Authors: Robert Pindyck, Daniel Rubinfeld

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