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You enter the departure area of an airline just before a flight to Boracay is to take off. The plane is about 80% full and
You enter the departure area of an airline just before a flight to Boracay is to take off. The plane is about 80% full and the regular fare for the flight is P3,000. You have neither a ticket nor a reservation for the flight but you offer P500 to take the flight. Assume there are no variable costs associated with the number of passengers. Should the airline accept your offer if it employs the incremental principle? Will the airline accept your offer? Why or why not?
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