The average cost per seat on the 50-passenger Floating on Air Bus Company's trip from Kansas City to St. Louis,...
jt0051The average cost per seat on the 50-passenger Floating on Air Bus Company's trip from Kansas City to St. Louis, on which no refreshments are served, is $50. In advance of a particular trip, 2 seats remain unsold. What is the MINIMUM price the bus company should charge for each of the 2 seats to increase its profit? Explain briefly your answer. Do not forget to give a minimum price.
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