If the marginal cost of flying the next flight is zero and one passenger is on the plane and has paid $50,

A) fixed cost would still be covered.
B) the passenger should be given a bus ticket.
C) losses would get bigger.
D) the next flight should be flown.

D

Economics

You might also like to view...

When federal government spending amounts to less than tax revenues, the federal government runs a budget deficit

Indicate whether the statement is true or false

Economics

Which of the following is an obstacle to economic development?

A) poorly defined property rights B) foreign direct investment C) immigration D) openness to trade

Economics