Answer:
$2.45
Explanation:
The formula to compute the marginal revenue is shown below:
Marginal revenue = Change in total revenue ÷ Change in number of quantity sold
where,
Change in total revenue would be
50 burgers × $5 = $250
51 burgers × $4.95 = $252.45
So, the change in total revenue is
= $252.45 - $250
= $2.45
And, the change in number of quantity sold is
= 51 burgers - 50 burgers
= 1
So, the marginal revenue is
= $2.45 ÷ 1
= $2.45
The answer that would best complete the given statement above would be the first option. <span>Emily, a college student, reads an article in Money magazine. The author has a degree in finance. The article is about getting a home equity loan. This information is RELIABLE AND RELEVANT. Finance relates not only how to manage money but also how to acquire needed funds. </span>
Answer:
16.96%
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 5.8% + 1.8 × (12% - 5.8%)
= 5.8% + 1.8 × 6.2%
= 5.8% + 11.16%
= 16.96%
The (Market rate of return - Risk-free rate of return) is also called market risk premium
Answer:
Explanation:
Private Sector enterprises have a goal of making profit and it employs more workers who work long hours. They are run by organisations and are free from Government control. They are usually funded by individual investments.
Public Sector Enterprises are fully owned and controlled by the Government. they are controlled by the government and funded by the government. They enjoy monopoly in operation.