= 6oooo-20.0 4000 PTS: 1 TOP: Price discrimination TOUT DIF: 2 REF: 15-5 MSC: Analytical 67....
= 6oooo-20.0 4000 PTS: 1 TOP: Price discrimination TOUT DIF: 2 REF: 15-5 MSC: Analytical 67. An airline knows that there are two types of traveler knows that there are two types of travelers: business travelers and vacationers. For a particular flight, there are 100 business travelers who will pay $600 for a ticket while there are 50 vacationers who will pay a ticket. There are 150 seats available on the plane. Suppose the cost to the airline of providing the flight is $20,000, which includes the cost of the pilots, flight attendants, fuel, etc. How much Additional prot can - cach customer their willingness to pay relative to sharging a flat price of 3000 per ticket a $15,000 - 20100 50 b. $25.000 c. $40,000 d. $70,000 ANS: A PTS: 1 DIF: 3 REF: 15-5 Top. Price discrimination un nurchase the (50*300-20 pon 500200 500g 600 1300 MSC: Analytical - 40,00