Question

If the average cost of transporting a passenger on the train from Chicago to St. Louis is $75, it would be irrational for the railroad to allow any passenger to ride for less than $75.

True/False

Answer 1

given statement is false

Step-by-step explanation:

given data

average cost of transporting on train = $75

solution

when average cost of transporting as train then a passenger travel from Chicago to St. Louis its cost is $75

so it mean we can say that the overall price by travel by train to be charged from all the customers should be average cost = $75

and railroad allow any passenger to ride for less than $75 is false

so given statement is false