Answer: b. Marginal revenue is less than average revenue
Explanation:
Marginal revenue is the extra revenue received by selling one more unit of a good while Average revenue is the revenue generated on average by all units sold thus far.
If the monopolist has to reduce prices to sell more goods then it would mean that for every unit sold, the price would have reduced compared to the price of the last unit which translates to less revenue coming in per unit compared to the last unit.
On the other hand, on average, the higher prices of the earlier goods sold would keep the average revenue higher than the additional revenue (marginal revenue).
<span>We know from Capital asset pricing model that expected return (ER) of any stock can be calculated as
ER = Rf + beta* ( Rm - Rf)
where, Rf is risk free rate
Rm is expected return on market. Therefore,
0.128 = Rf + 1.19* (0.118 - Rf)
which is equivalent to
0.19 Rf = 0.140 - 0.128
Or, risk free rate, Rf = 0.0654 ~ 6.54%</span>
Answer: Geographic Departmentalization.
Explanation:
The hotel chain groups is making use of geographic departmentalization, to cover a larger area with trusted local managers reporting company's chief executive officer. Geographic departmentalization is a situation where a company groups it's resources (human and other resources) among it's several branches located at various locations and the manager at each branch is to relay report of activities to the company's headquarters.
Your GP can talk to you about your options for pregnancy care and the birth. Your choices, and the facilities available where you live, will determine the role your doctor will play. Your GP will check your medical history. They'll ask about health issues that could affect you or your baby
