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7 December, 14:57

If it costs $120,000 for the airline company to fly the 200-seat plane across the country, then they should never sell a ticket for less than $600. Group of answer choicesTrue/False?

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  1. 7 December, 16:57
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    The statement is True.

    Explanation:

    The airline company should not sell a ticket for less than $600 because, it costs $120,000 to fly a 200 seats plane which means cost per seat is $600 ($120,000/200 seats). Selling the ticket for less than $600 will result in a loss for the airline company. If the price for a seat in a plane is set more than $600 will be beneficial for the company.
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