Cummings Lewis
04/22/2023 · Elementary School
Suppose an airline's total cost of operating a flight is \( \$ 35,000 \) and there are two groups of consumers each with a different willingness to pay. There are 100 business travelers with a willingness to pay of \( \$ 600 \) and 50 leisure travelers with a willingness to pay of \( \$ 300 \). If the airline price discriminates, then the airline s profit will be
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The airline's profit with price discrimination will be \$40,000.
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