To maximize overall profit in peak- load pricing, managers must determine _______ capacity that maximizes ______season profit.
A)short- run; peak-
B)long- run; off- peak
C)short- run; off- peak
D)long- run; peak-

Question

Quizplus · Accepted Answer

Managers must determine the long-run capacity that maximizes peak-season profit in peak-load pricing, as this allows for efficient allocation and utilization of resources during peak-demand periods, resulting in higher profits.

To Maximize Overall Profit in Peak- Load Pricing, Managers Must