Business, 05.05.2020 06:17 brianna5626

Elizabeth Airlines (EA) flies only one route: Chicagolong dash—Honolulu. The demand for each flight is: Upper Q equals 500 minus Upper PQ=500−P. EA's cost of running each flight is $30,000 plus $100 per passenger. What is the profit-maximizing price that EA will charge? How many people will be on each flight? What is EA's profit for each flight? (round all answers to a whole number)

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Elizabeth Airlines (EA) flies only one route: Chicagolong dash—Honolulu. The demand for each flight...

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