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 'Beta'. Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.Beta is used in the capital asset pricing model (CAPM), a model that calculates the expected return of an asset based on its beta and expected market returns.EFINITION of 'Beta'. Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.