An Airline Decides to Sell 5 Seats That Would Otherwise

Multiple Choice

An airline decides to sell 5 seats that would otherwise remain unoccupied on a flight from California to Chicago for $300 each, instead of the regular price per ticket of $450 each. We can probably conclude that:

A) ​The marginal cost of providing each added seat on the flight was less than $300.
B) ​The average cost of providing each seat on the flight was less than $300.
C) ​The marginal cost of providing each seat on the flight was less than $450 but more than $300.
D) ​The average cost of providing each seat on the flight was $450.