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()).