Question
:Delta AirlinesDelta Airlines wants to determine the profit-maximizing price to charge for a 9 a.m. New York to Chicago flight.The manager also needs to know
:Delta AirlinesDelta Airlines wants to determine the profit-maximizing price to charge for a 9 a.m. New York to Chicago flight.The manager also needs to know the following:?The brand equity of Dela compred to United and Southwest Airlines.?The level of price sensitivity of consumers when choosing from the three flights.A focus group has been shown five price scenarios.The Airlinedata.xlsx includes the following information:?The five price scenarios;?The number of picks for each flight in each scenario.Question 1.1: Which Airline has more brand equity on this route? Question 1.2: Are consumers sensitive to the price changes of the three airlines?
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