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2. Suppose US Air has two classes of potential customers, holiday travellers and business travellers. There are 100 of each type of customer. Economy class

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2. Suppose US Air has two classes of potential customers, holiday travellers and business travellers. There are 100 of each type of customer. Economy class Business class Willingness to pay $200 $250 Holiday travellers Willingness to pay $250 $800 passenger a) What is the profit maximising price and class of travel for US Air if it can provide only one class of travel? b) What are the prot maximising prices US Air would charge for economy class and business class if it was able to offer both economy and business class

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