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  3. 33 assume 450000 people line up on the streets to...

Question: 33 assume 450000 people line up on the streets to...

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33. Assume 450,000 people line up on the streets to see the Macys Thanksgiving Parade in 2012. If attendance is ex increase 30%, what will be the number of people lined up on the street to see the 2013 parade? LU 3-2(2) CHALLENGE PROBLEMS ay, Ryan Airlines reduces its one-way ticket from Fort Wayne to Chicago from $125 to $40. To receive this special special price will cause a passenger $40 price, the mu that about nine-tenths of 1% will cancel their reservations. The airline also estimates this traffic increase from 400 to 900, Ryan expects revenue Ryans sales were has paid $100 e customer must buy a round-trip ticket. Ryan has a nonrefundable 25% penalty fare for cancellation; it estimates for the year to be 55.4% higher than the previous year. Last year 482,000. To receive the special rate, Janice Miller bought two round-trip tickets. On other airlines, Janice round trip (with no cancellation penalty). Calculate the following: LU 3-1), LU 3-22), LU 3-2(3) a. Percent discount Ryan is offering. b. Percent passenger travel will increase. c. Sales for new year d. Janices loss if she cancels one round-trip flight. e. Approximately how many more cancellations can Ryan Airlines expect (after Janices cacellation)?

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