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zmey [24]
3 years ago
6

A popular airline knows that, in general, 95% of individuals who purchase a ticket for a 10-seat commuter flight actually shows

up for the flight
Business
1 answer:
kobusy [5.1K]3 years ago
3 0
That statement is true.
According to the statistic, 5 % of individuals who purchased the ticket never actually showed up (which means 95% of them actually showed up).
Because of this, Airlines tend to sell more tickets that their total seats in order to maximize their profit.
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You would pay approximately $35.00 today

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The firm's net income is $114,045,330.

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To learn more about Net income here:

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