Question

In planning a trip to New Zealand six months in advance, you find that an airline offers the following two options. Option A: You can a fully refundable ticket for $2200. Option B: You can buy a $1200 ticket, but you tore it 25% of the price of the ticket is canceled. Describe your options in the events that you do and do not make the trip. How would you decided which ticket to buy. Option A cost$….. if you go and $……. If you cancel, while option B cost $…. If you go and $…… if u cancel.

Answer 1

In planning a trip to New Zealand six months in advance, you find that an airline offers the following two options.

Option A: You can buy a fully refundable ticket for $2200.

Option B: You can buy a $1200 ticket, but you forfeit 25% of the price if the ticket is canceled.