Answer:
The statement is True.
Step-by-step explanation:
The airline company should not sell a ticket for less than $600 because, it costs $120,000 to fly a 200 seats plane which means cost per seat is $600 ($120,000/200 seats). Selling the ticket for less than $600 will result in a loss for the airline company. If the price for a seat in a plane is set more than $600 will be beneficial for the company.