A regional airline sells 200 tickets to New York City for an average price of $200one way. Half of the people on the flight will purchase a meal for $5.

The airline's employee costs per flight include $500 each for the pilot and copilot, and $200 for each flight attendant. The law requires airlines to have at least one pilot, copilot, and flight attendant for each flight. Fuel for the flight is expected to cost $10,000, and the cost of catering food is $1 for each item purchased.

What happens to profit in each of the following scenarios, given the information in Part 1 above?