Table 15-1 -Refer to Table 15-1

question 122

Multiple Choice

Table 15-1
$$\begin{array} { | l | l | l | l | l | } \hline \text { Qunatity } & \text { Price } & \begin{array} { l } \text { Total } \\\text { revenue }\end{array} & \begin{array} { l } \text { Average } \\\text { revenue }\end{array} & \begin{array} { l } \text { Marginal } \\\text { revenue }\end{array} \\\hline 1 & 47 & 47 & & \\\hline 2 & & 88 & 44 & 41 \\\hline 3 & 41 & & & \\\hline 4 & & & & 29 \\\hline 5 & 35 & & & 23 \\\hline 6 & & 192 & & \\\hline 7 & 29 & & & 11 \\\hline 8 & & & & 5 \\\hline 9 & & 207 & 23 & - 1 \\\hline 10 & 20 & 200 & & \\\hline\end{array}$$
-Refer to Table 15-1.If the monopolist wants to maximise its revenue, how many units of its product should it sell?

• A)one
• B)six
• C)eight
• D)ten

Understand the effect of core values on organizational practices and hiring decisions.

Note the role and challenges of small businesses and entrepreneurs in the economy.

Recognize the dynamic and fast-paced nature of managerial work and the necessity for flexibility, teamwork, and speed in achieving strategic and operational goals.

Understanding the balance between effectiveness and efficiency in management.

---

Definitions:

Post-Structuralists

Thinkers who critique and move beyond the ideas of structuralism, emphasizing the complexity and fluidity of structures that shape human interactions and understandings.

Fundamentalism

A strict adherence to specific theological doctrines typically in a reaction against what are perceived as modernist theories and practices.

Tylor's Theory

A concept in anthropology proposed by Edward Burnett Tylor suggesting that cultures evolve from primitive to complex forms.

Religious Evolution

Religious evolution refers to the theory or observation that religious beliefs and institutions develop and change over time, adapting to societal and cultural shifts.