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5. You are a pricing analyst at a global network airline. Using historical data, you have determined that the demand for coach seats for passengers
5. You are a pricing analyst at a global network airline. Using historical data, you have
determined that the demand for coach seats for passengers traveling for business and those
traveling for leisure are: 1) business demand: P = 180 - 3Q, and 2) leisure demand:
P = 100 - 0.5Q. The marginal cost for a passenger in coach class is $30.
a. Complete the diagram for the business segment showing optimal quantity and price.
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667589b004208_991667589afe1a9a.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667589b05b17a_992667589b043f97.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/667589b0c2a74_992667589b09b0e7.jpg)
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