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 off- peak- period?
A)$450,000
B)$255,500
C)$300,000
D)$187,500

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 off- peak- period?
A)$450,000 
B)$255,500 
C)$300,000 
D)$187,500

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 off- peak- period?
A)$450,000 
B)$255,500 
C)$300,000 
D)$187,500

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