Question

Suppose the cost of flying a 100-seat plane for an airline is $50,000 and there are 10 empty seats on a flight. The marginal cost of flying a passenger is

Answer 1

Answer:

Cannot be determined

Explanation:

Given information

Cost of flying a 100 seat plane = $50,000

Number of empty seats on a flight = 10 seats

By this above information, we cannot determine the marginal cost of flying a passenger as full information is not given

But from this above information, we can find out the average cost which is not need be computed