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State whether the following statement is true or false. The COVID-19 pandemic may have influenced GDP through a decline in manufacturing production, mining production, retail trade and rising unemployment.

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


State whether the following statement is true or false. The transformation model finds also finds application in productivity management

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


State whether the following statement is true or false. Gain sharing is the same as profit sharing.

Fill in the missing words. Productivity accountability for productivity accrues to both........

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.

Fill in the missing words. The IMD world competitive yearbook analyses and ranks economies by groupings that comprise.......,.......& .......?

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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