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Write a function solution that given a three digit integer N and Integer K, returns the maximum possible three digit value that can be obtained by performing at most K increases by 1 of any digit in N


Bongi supplies trays of fresh sandwiches to offices daily. Her daily fixed costs amount to R844

R844, while her variable cost is R27

R27 per tray. Bongi's total cost and marginal cost functions (in terms of the number of trays supplied, Q

Q) are given by


 You are a manager of an advertising company. The company is running short of funds, so you decide to increase revenue. Should you increase or decrease the price of running ads? Explain.


Discuss in detail, the two of income elasticity and substantiate the type of income elasticity most applicable


Critical evaluate this statement and use demand and supply to analyse the possible impact of panic buying on market prices


Calculate gross profit as a percentage of cost on sales (last year 40%)


with the aid of diagram, explain theory underlying a kinked demand curve. Justify whether it would be applicable in this case


Justify of market structure that uber operate in and evaluate the likehood of uber making an economic profit in the long-run


Imagine a society that produces military goods and consumer goods, which we’ll call


“guns” and “butter.”


A. Draw a production possibilities frontier for guns and butter. Using the concept of


opportunity cost, explain why it most likely has a bowed-out shape.


B. Show a point that is impossible for the economy to achieve. Show a point that is feasible


but inefficient.


C. Imagine that the society has two political parties, called the ABC (who want a strong


military) and the XYZ (who want a smaller military). Show a point on your production


possibilities frontier that the ABC might choose and a point that the XYZ might choose.


D. Imagine that an aggressive neighbouring country reduces the size of its military. As a


result, both the ABC and the XYZ reduce their desired production of guns by the same


amount. Which party would get the bigger “peace dividend,” measured.

1. Create a new list and populate it with 15 random integers (Tip: use randint() or randrange() from the random module)

2. Write a function to calculate the average of the list values

3. Write a function to test if the list contains a specific value

4. Write a function to reverse the list using .pop() and .append() (you must not use .reverse()).


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