Those working in bars earned slightly more, with an average hourly wage of $9.84. Hosts and hostesses employed by hotel restaurants earned a significantly higher wage, averaging $10.95 per hour. The few hosts and hostesses employed by colleges and universities earned the highest wage, $12.85 per hour.
Definition of marginal value: The incremental value that is achieved through additional output. Marginal value exists through a product modification that results in an increase in price or an increase in unit production. The value ...
DEFINITION OF DERIVATIVES AS PER ACCOUNTING STANDARDS. As per US GAAP. As per the US GAAP Accounting Standard, a derivative instrument is defined as follows: A derivative instrument is a financial instrument or other contract with all three of the following characteristics: