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Business, 06.07.2021 21:00 icario1224

Suppose a 50-seat bus is about to depart from Boston to New York with five empty seats. The total cost to the bus company of the trip is $1,000 regardless of how many people are on the bus and no services, food, or beverages are provided to passengers. Use marginal analysis to develop conditions under which the bus company would be willing to sell tickets for the five remaining seats.

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Suppose a 50-seat bus is about to depart from Boston to New York with five empty seats. The total co...

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