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Business, 16.03.2020 22:19 Jaymiegrimes22

Luxury Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for $ 50 per passenger. Luxury Cruiseline's variable cost of providing the dinner is $ 20 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $ 210 comma 000 per month. The company's relevant range extends to 16 comma 000 monthly passengers. If Luxury Cruiseline sells an additional 300 tickets, by what amount will its operating income increase (or operating loss decrease)?

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