Answer:
The answer is: A) The addition of standing room only "seats" will generate more revenue than the cost of ensuring that these seats meet safety standards.
Explanation:
The only way Airline A can increase its profit is to implement new services that will generate higher revenue than their costs.
Airline A knows that its idea of creating standing room only seats will have to comply with FAA approved safety standards. The airline probably calculated the costs of complying with the FAA regulations and implementing the system is less than the possible revenue that new service can generate.
Answer:
The law of demand states that all other things being equal, the quantity bought of a good or service is a function of price. As long as nothing else changes, people will buy less of something when its price rises. They'll buy more when its price falls.
Explanation:
The thought of loosing money and being a failure is the one thing you must have confidence and start each day as if it was your last