Question

If all seats were sold for this flight, what would be the total airline income for the seats?

Answer 1

Answer:

$90,200

Step-by-step explanation:

Airlines usually try to sell their all seats before they fly the airplane. They do wish to sell maximum available seats in order to maximize their revenue. If the airplane takes off with less occupancy then there is opportunity cost for the airline companies. There are 200 seats available to the current flight and they wishes to sell it completely. If they sell all the 200 seats at the price of $451 per seat then their total revenue will be $90,200.