For a monopolist b. price is above marginal revenue.
<h3>What Is Marginal Revenue? </h3>
Marginal revenue can be regarded as increase in revenue which is been gotten from the sale of one additional unit of output.
As a monopolist that is the the only seller in the market, then their marginal revenue is usually above price because they don't have a competitor that is close enough.
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In this report, there are three variables being
mentioned. These are:
1st variable = 19 minutes
2nd variable = 7 jumps
3rd variable = 79%
In this problem, I believe what we are asked to do is to
identify the type of variable the 2nd variable is. We are given that
the 2nd variable is “7 jumps”.
This means that the 2nd variable is quantitative because it
refers to or relating to a measurement of something rather than the quality. We
also know that jumps can only take whole numbers, not decimal. Therefore it is
also discrete. Hence, the 2nd variable is:
quantitative and discrete
Answer:
diminishing marginal utility.
Explanation:
The term diminishing marginal utility is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.
In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.
<em>For example, buying a chocolate bar and eating it may satisfy your cravings but eating another one wouldn't give you as much satisfaction as the first due to diminishing marginal utility. </em>
Answer:
wats this question for bro
Explanation:
Answer:
Holding company.
Explanation:
A holding company normally does not have operations of its own but owns the share of other companies. They form corporate groups, so are referred to as corporate of corporates.
Holding companies work to reduce the risk of the companies they own shares in. For example the shares they hold are protected from the operations of the company, so in times of crisis there is a pool of funds the business can fall back on.
