Business, 27.07.2020 01:01 parosil

Live It 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 $ 60 per passenger. Live It Cruiseline's variable cost of providing the dinner is $ 30 per passenger, and the fixed cost of operating the vessels (depreciation, salaries, docking fees, and other expenses) is $ 270 comma 000 per month. The company's relevant range extends to 20 comma 000 monthly passengers. If Live It Cruiseline sells an additional 700 tickets, by what amount will its operating income increase (or operating loss decrease)? First, identify the formula, then compute the operating income increase (or operating loss decrease). Fixed cost per passenger x ▼ = Operating

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Live It Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast...

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