Suppose you are an airline company manager. The total cost of a flight is $100,000. (fuel, food, beverage, etc.) and 200 seats are installed in the plane. So the average cost of each seat is $500. The flight is about to take off and there are 10 seats empty. Now a customer wants to take the flight but only want to pay $300. Should you let this customer board? Use one of the ten principles we have learned in the class explain your answer.
Description Q1. Suppose you are an airline company manager. The total cost of a flight is $100,000. (fuel, food, beverage, etc.) and 200 seats are installed in the plane. So the average cost of each seat is $500. The flight is about to take off and there are 10 seats empty. Now a customer wants […]