The table above summarizes Gorgeous Sands Resort's marginal capacity cost, marginal operating cost, peak marginal revenue, off- peak marginal revenue, and its peak and off- peak demand for its resort units.
-Refer to the table above. What is Gorgeous Sands Resort's long- run marginal cost?
A)$6,000
B)$5,000
C)$1,000
D)$4,000

Question

The table above summarizes Gorgeous Sands Resort's marginal capacity cost, marginal operating cost, peak marginal revenue, off- peak marginal revenue, and its peak and off- peak demand for its resort units.
-Refer to the table above. What is Gorgeous Sands Resort's long- run marginal cost?
A)$6,000 
B)$5,000 
C)$1,000 
D)$4,000

Quizplus · Accepted Answer

Gorgeous Sands Resort's long-run marginal cost is $6,000, which is the change in total cost divided by the change in output.

The Table Above Summarizes Gorgeous Sands Resort's Marginal Capacity Cost