20 It costs Bear Air PhP 1,200 to run a scheduled flight, empty or full, from Cold foot to Frostbite. Moreover, each passenger generates a cost of PhP 40. The regular ticket costs PhP 90. The plane holds 65 people, but it is running only about 20 per flight. The sales director has suggested selling introductory tickets for PhP 50 to people who have never flown Bear Air. What is the minimum number of introductory tickets that must be sold in order for a flight to breakeven? a. 5 b. 10 c. 15 d. 20

20 It costs Bear Air PhP 1,200 to run a scheduled flight, empty or full, from Cold foot to Frostbite. Moreover, each passenger generates a cost of PhP 40. The regular ticket costs PhP 90. The plane holds 65 people, but it is running only about 20 per flight. The sales director has suggested selling introductory tickets for PhP 50 to people who have never flown Bear Air. What is the minimum number of introductory tickets that must be sold in order for a flight to breakeven? a. 5 b. 10 c. 15 d. 20

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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