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Suppose that flying a 200-seat plane across the country costs the airline $100,000, which means that the average cost of each seat is $500. Suppose

Suppose that flying a 200-seat plane across the country costs the airline $100,000, which means that the average cost of each seat is $500. Suppose that the plane is minutes from departure with ten empty seats and a passenger has offered to pay $300 for a seat. Should the airline sell the seat for $300 ($200 below its average cost) or not?Explain your reasoning.

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