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 the profit- maximizing price for Gorgeous Sands Resort to charge during the peak period?
A)$8,000
B)$10,000
C)$7,800
D)$7,000

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 the profit- maximizing price for Gorgeous Sands Resort to charge during the peak period?
A)$8,000 
B)$10,000 
C)$7,800 
D)$7,000

Quizplus · Accepted Answer

The Answer of  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 the profit- maximizing price for Gorgeous Sands Resort to charge during the peak period?
A)$8,000 
B)$10,000 
C)$7,800 
D)$7,000

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