Answer: c. marginal revenue is higher than it was previously.
Explanation:
Marginal revenue is higher than it was previously.
Marginal Revenue is the additional revenue that is generated by selling one more unit, In a Competitive market Firms are price takers meaning the can only adjust quantity and not the price.
The marginal Revenue equals to the price of a good or service. When Price increases from $20 to $25 ,the Marginal Revenue will be $25 which is higher than it was previously
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There are various organizations structure. one of it is centralization. <u>Centralization</u> is the degree to which decision-making authority is retained at higher managerial levels.
<h3>Features of Centralization</h3>
In a centralized company, cogent decisions are made at topmost levels of the hierarchy, whereas in decentralized companies, decisions are made and problems are solved at lower levels by employees who are closer to the problem.
<h3>Advantages of centralization</h3>
Some employees are more okay in an organization where their manager authoritatively gives instructions and makes decisions. Centralization can also lead to operational efficiency because there will be no time wasting, particularly if the company is operating in a stable environment. Strategic process and content as mediators between organizational context and structure.
Therefore, the answer is centralization option C.
learn more about centralization: brainly.com/question/1288780
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Kathleen Murray’s taxable income for 2017 is $45,000 which is within the tax income bracket of $37.950 to $91,900. Tax rate is 25%, and tax owed is $5,226.25 plus 25% of the excess over $37,950.
$45,000 - $37,950 = $7,050, excess over $37,950
Tax owed = $5,226.25 + 0.25 x $7,050
Tax owed = $6,988.75
