9. A group has chartered a bus to New York City. The driver costs $100, the bus

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9. A group has chartered a bus to New York City. The driver costs $100, the bus costs

$500, and tolls will cost $75. The driver’s fee is nonrefundable, but the bus may be canceled a week in advance at a charge of only $50. At $18 per ticket, how many people must buy tickets so that the trip need not be canceled?

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Microeconomics And Behavior

ISBN: 9780073375946

8th Edition

Authors: Robert Frank, David Colander

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