Examlex

Solved

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

question 30

Multiple Choice

  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 total profit? A) $525,000 B) $285,700 C) $487,500 D) $300,000 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 total profit?


Definitions:

Mania

A mental state characterized by extremely elevated mood, energy, and unusual thought patterns, often seen in bipolar disorder.

Cocaine

A natural drug derived from the leaves of the coca plant.

Amphetamines

Stimulants that are synthesized (made) in laboratories rather than being found in nature.

Rate Of Speech

The speed at which an individual speaks, measured in words per minute, and can indicate various communication or neurological conditions.

Related Questions