Answer:
(i) Option (A) is correct.
(ii) Option (A) is correct.
Explanation:
(i) Marginal revenue refers to the change in total revenue obtained from the sale of an extra unit of a commodity. It is calculated by differentiating total revenue with respect to output. It is shown as:
where,
TR = Total revenue
q = output
(ii) In a perfectly competitive market, price is equal to both average revenue and marginal revenue. Since, firms in a competitive market are not required to reduce the price of their product for selling more number of units. Hence, the average revenue remains the same at all the level of output. That's why average revenue in equal to the price under perfect market conditions.
Therefore, every additional unit of an output is sold at a same price, so the marginal revenue obtained from an extra unit is constant and hence, price is equal to the marginal revenue.
The core product alludes to the overnight rental of a room. Its parts are benefited level, booking, nature of the procedure, and the client's part in the utilization of the room. Supplementary administrations incorporate things like stopping, room administration, reservations, and a breakfast buffet. Conveyance of both the center and the supplementary administrations is given electronically, by means of lodging worker, or by the client. Telephone utilize and pay TV are naturally charged to the room. Room administration and registration are given by an inn representative. Most breakfast buffets are self-benefit, requiring the client to make a move.
Answer:
interest rate that the answer
Answer:
cost of preferred stock will be equal to 4.56 %
Explanation:
We have given dividend on the preferred stock = $4.25
As the stock is sold for $93 per share so current price = $93
We have to find the preferred stock
We know that preferred stock is given by
Preferred stock 
= 4.56 %
So cost of preferred stock will be equal to 4.56 %
