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. If Gorgeous Sands Resort produces the profit- maximizing number of resorts and charges the profit- maximizing price, what is their profit during the peak- period?
A)$187,500
B)$300,000
C)$457,500
D)$500,000

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. If Gorgeous Sands Resort produces the profit- maximizing number of resorts and charges the profit- maximizing price, what is their profit during the peak- period?
A)$187,500 
B)$300,000 
C)$457,500 
D)$500,000

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. If Gorgeous Sands Resort produces the profit- maximizing number of resorts and charges the profit- maximizing price, what is their profit during the peak- period?
A)$187,500 
B)$300,000 
C)$457,500 
D)$500,000

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