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Suppose that an airline has divided their passengers into economy class and business class. The price elasticity of demand for the business class is -1.5,

Suppose that an airline has divided their passengers into economy class and business class. The price elasticity of demand for the business class is -1.5, and for the economy class is -3. If the marginal cost of a seat on a flight from London to Paris is 210 euros, what are the optimal prices for each group?

What is the optimal ticket price for business and economy

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