Questions
Demand and Supply in Perfect Competition Cows are munching down zucchini, yellow squash and cabbage that...

Demand and Supply in Perfect Competition Cows are munching down zucchini, yellow squash and cabbage that Southern Valley Fruit and Vegetable farms grew and picked for restaurants and other institutions. It’s one way the company is trying to make use of the glut of south Georgia vegetables caused by the closure of dining spots, schools and other big buyers. South Georgia farmers ship food from Florida to Canada, but the closures cost them 40- to 50% of their market. Growers are caught between being unable to sell all their crop and selling what they can in a flooded market with dropping prices.

1. Draw a demand and supply diagram that illustrates the changes taking place in the vegetable market. Explain any changes you draw.

2. Assume vegetable farms operate in a perfectly competitive market. Draw a cost and revenue diagram that shows the effect on farms profits of “dropping prices”

In: Economics

According to the sixth annual survey of employees of advertising agencies, carried out by the company...

According to the sixth annual survey of employees of advertising agencies, carried out by the company Altschuler, Melvoin & Glasser, these employees can wait another excellent year for their compensation (Adveertising Age, December 1, 1997). To investigate if there is any difference in the annual compensation of artistic directors, suppose you select a random sample of 10 of them from each of four regions: West, South, North and Northeast, and what you want to do the research with 10% of error range.

West South North Northeast
60.9 50.8 49.5 65.9
45.9 39.6 42.3 58.6
62.1 44.2 35.5 49.3
66.6 40.0 49.1 52.9
68.0 53.9 56.7 48.5
65.0 45.4 41.4 52.9
49.4 61.1 51.3 52.4
62.3 42.3 49.4 48.1
62.6 38.4 42.1 13.2
57.2 38.3

55.7

45.9

In: Math

SQL A manufacturing company’s data warehouse contains the following tables. Region region_id (p) region_name super_region_id (f)...

SQL

A manufacturing company’s data warehouse contains the following tables.

Region

region_id (p)

region_name

super_region_id (f)

101

North America

102

USA

101

103

Canada

101

104

USA-Northeast

102

105

USA-Southeast

102

106

USA-West

102

107

Mexico

101

Note: (p) = "primary key" and (f) = "foreign key". They are not part of the column names.

Product

product_id (p)

product_name

1256

Gear - Large

4437

Gear - Small

5567

Crankshaft

7684

Sprocket

Sales_Totals

product_id (p)(f)

region_id (p)(f)

year (p)

month (p)

sales

1256

104

2020

1

1000

4437

105

2020

2

1200

7684

106

2020

3

800

1256

103

2020

4

2200

4437

107

2020

5

1700

7684

104

2020

6

750

1256

104

2020

7

1100

4437

105

2020

8

1050

7684

106

2020

9

600

1256

103

2020

10

1900

4437

107

2020

11

1500

7684

104

2020

12

900

Answer the following questions using the above tables/data:


6. Write a set of SQL statements which will add a row to the Region table for Europe, and then add a row to the Sales_Total table for the Europe region and the Sprocket product (product_id = 7684) for October 2020, with a sales total of $1,500. You can assign any value to the region_id column, as long as it is unique to the Region table. The statements should be executed as a single unit of work. Please note that since the statements are executed as a single unit of work, additional code is needed.

In: Computer Science

Assess the book publishing industry using Porter’s Five-forces model.

The Book Publishing industry in Australia

  • 20% of books are sold via independent retailers that tend to specialize in a particular genre or prefer unusual (not mainstream) books

  • 70% of books are sold via large retail chains that only deal in mainstream books published by large or long-established publishers who also provide promotional dollars to support their books

  • 10% of books are sold via the internet (e.g. Amazon) and this is expected to dramatically increase as they increasingly capture the time-poor or budget-conscious market segments

  • Book sales have been fairly stable in this mature industry, however they are expected to decline in the future as internet and cable-TV usage increases

  • Australia has one of the highest per capita magazine sales in the world

  • There has been a dramatic increase in self-publishing over the past 10 years, however these books are typically not accepted by retailers and tend to have print runs of less than 1,000

  • E-books would be in the early growth phase of their product life cycle. They currently have relatively low sales but are expected to steadily increase over time

  • There is an increased number of authors in the marketplace, appearing to be driven by easy access to research material (via the internet) and by the increasing popularity of blogs

  • Despite more authors available, there is only a small number of “brand” authors (such as Bryce Courtney) who can attract significant book sales on their name alone

  • Excluding self-published books, there are around 500 new books available in the Australian market each month (including books published internationally)

  • There is an increasing number of large book publishers, as the larger ones battle for market share by acquiring smaller publishing houses

QUESTIONS

  1. Assess the book publishing industry using Porter’s Five-forces model.

  2. What key insights have you gained by assessing this industry using this structured model?

  3. Therefore, what is your overall assessment of the attractiveness of the industry?

  4. How could a firm use Porter’s Five-forces model in their strategy and planning activities?

In: Accounting

I'm having problems with my java code not correctly spellchecking certain words. 1) Determine if a...

I'm having problems with my java code not correctly spellchecking certain words.

1) Determine if a word entered by the user is spelled correctly. A word is considered correct if it's found in dictionary.txt (see required output to get file).

these are the input and output that are suppose to come out i already have the dictionary.txt i just don't know hoe to set it up someone please help me

Standard Input                 Files in the same directory
glimmer
hello
world
test
tommorrow
tomorrow
recluse
habittat
exit
  • dictionary.txt
Output
Enter word to spellcheck (or exit to end)\n
glimmer is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
hello is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
world is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
test is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
tommorrow is not spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
tomorrow is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
recluse is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
habittat is not spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
Ending program...\n

Test Case 2

Standard Input                 Files in the same directory
fries
abc
apple
zzzzzzzzz
a
exit
  • dictionary.txt
Output
Enter word to spellcheck (or exit to end)\n
fries is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
abc is not spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
apple is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
zzzzzzzzz is not spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
a is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
Ending program...\n

Test Case 3

Standard Input                 Files in the same directory
rocking
chair
rocking chair
hieroglyphics
lie
detector
lie detector
exit
  • dictionary.txt
Output
Enter word to spellcheck (or exit to end)\n
rocking is not spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
chair is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
rocking chair is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
hieroglyphics is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
lie is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
detector is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
lie detector is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
Ending program...\n

Test Case 4

Standard Input                 Files in the same directory
mailbox
mailing
miling list
mailan
mail order
maim
exit
  • dictionary.txt
Output
Enter word to spellcheck (or exit to end)\n
mailbox is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
mailing is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
miling list is not spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
mailan is not spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
mail order is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
maim is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
Ending program...\n

Test Case 5

Standard Input                 Files in the same directory
NE
neard
nearby
nearly
nearsghted
neat
exit
  • dictionary.txt
Output
Enter word to spellcheck (or exit to end)\n
NE is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
neard is not spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
nearby is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
nearly is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
nearsghted is not spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
neat is spelled correctly.\n
Enter word to spellcheck (or exit to end)\n
Ending program...\n

Here's the current java code that I am using (in IntelliJ):

import java.lang.*;
import java.util.*;
import java.io.*;

public class PS6LoopsPart2Q5p2 {

    public static void main(String[] args) throws Exception
    {
        RandomAccessFile br=new RandomAccessFile("dictionary.txt","r");
        Scanner input = new Scanner(System.in);
        String s;


        while(true)
        {

            System.out.println("Enter word to spellcheck (or exit to end)");

            String key=input.nextLine();
            if (key.equalsIgnoreCase("exit"))
            {
                System.out.println("Ending program...");
                System.exit(0);
            }

            else
            {
                while ((s=br.readLine())!=null){
                    if(!s.contains(key))
                    {
                        System.out.println(key+" is spelled correctly.");
                        break;
                    }
                    else
                    {
                        System.out.println(key+" is not spelled correctly.");
                        break;
                    }


                }
            }
        }
    }
}

In: Computer Science

Richards Corporation uses the FIFO method of process costing. The following information is available for October...

Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department:

Units:
Beginning Inventory: 85,000 units, 70% complete as to materials and 20% complete as to conversion.
Units started and completed: 255,000.
Units completed and transferred out: 340,000.
Ending Inventory: 32,500 units, 40% complete as to materials and 15% complete as to conversion.

Costs:
Costs in beginning Work in Process - Direct Materials: $42,200.
Costs in beginning Work in Process - Conversion: $84,700.
Costs incurred in October - Direct Materials: $716,440.
Costs incurred in October - Conversion: $1,002,900.

Calculate the cost per equivalent unit of conversion.

Multiple Choice

  • $2.67

  • $3.32

  • $3.06

  • $3.93

  • $2.88

In: Accounting

Richards Corporation uses the FIFO method of process costing. The following information is available for October...

Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department:

Units:
Beginning Inventory: 100,000 units, 80% complete as to materials and 25% complete as to conversion.
Units started and completed: 270,000.
Units completed and transferred out: 370,000.
Ending Inventory: 40,000 units, 40% complete as to materials and 10% complete as to conversion.

Costs:
Costs in beginning Work in Process - Direct Materials: $57,200.
Costs in beginning Work in Process - Conversion: $99,700.
Costs incurred in October - Direct Materials: $828,520.
Costs incurred in October - Conversion: $1,103,900.

Calculate the cost per equivalent unit of conversion.

Multiple Choice

$2.65

$3.45

$3.16

$4.09

$2.91

In: Accounting

Richards Corporation uses the FIFO method of process costing. The following information is available for October...

Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department:

Units:
Beginning Inventory: 86,000 units, 70% complete as to materials and 25% complete as to conversion.
Units started and completed: 256,000.
Units completed and transferred out: 342,000.
Ending Inventory: 33,000 units, 40% complete as to materials and 10% complete as to conversion.

Costs:
Costs in beginning Work in Process - Direct Materials: $37,200.
Costs in beginning Work in Process - Conversion: $79,700.
Costs incurred in October - Direct Materials: $646,800.
Costs incurred in October - Conversion: $919,300.

Calculate the equivalent units of conversion.

Multiple Choice

  • 256,000

  • 323,800

  • 303,600

  • 378,300

  • 388,200

In: Accounting

Read the Case: China’s Managed Float (p. 371) and then click on "Create Thread" to post...

Read the Case: China’s Managed Float (p. 371) and then click on "Create Thread" to post your answers to the following questions: Why do you think the Chinese government originally pegged the value of the yuan against the U.S. dollar? What were the benefits of doing this to China? What were the costs? What do you think the Chinese government should do? Let the float, maintain the peg, or change the peg in some way?

In 1994, China pegged the value of its currency, the yuan, to the U.S. dollar at an exchange rate of $1 = 8.28 yuan. For the next 11 years, the value of the yuan moved in lockstep with the value of the U.S. dollar against other currencies. By early 2005, however, pressure was building for China to alter its exchange rate policy and let the yuan float freely against the dollar. Underlying this pressure were claims that after years of rapid economic growth and foreign capital inflows, the pegged exchange rate undervalued the yuan by as much as 40 percent. In turn, the cheap yuan was helping to fuel a boom in Chinese exports to the West, particularly the United States, where the trade deficit with China expanded to a record $160 billion in 2004. Job losses among American manufacturing companies created political pressures in the United States for the government to push the Chinese to let the yuan float freely against the dollar. American manufacturers complained that they could not compete against “artificially cheap” Chinese imports. In early 2005, Senators Charles Schumer and Lindsay Graham tried to get the Senate to impose a 27.5 percent tariff on imports from China unless the Chinese agreed to revalue its currency against the U.S. dollar. Although the move was defeated, Schumer and Graham vowed to revisit the issue. For its part, the Bush administration pressured China from 2003 onwards, urging the government to adopt a more flexible exchange rate policy. Keeping the yuan pegged to the dollar was also becoming increasingly problematic for the Chinese. The trade surplus with the United States, coupled with strong inflows of foreign investment, led to a surge of dollars into China. To maintain the exchange rate, the Chinese central bank regularly purchased dollars from commercial banks, issuing them yuan at the official exchange rate. As a result, by mid 2005 China’s foreign exchange reserves had risen to more than $700 billion. They were forecast to hit $1 trillion by the end of 2006. The Chinese were reportedly buying some $15 billion each month in an attempt to maintain the dollar/yuan exchange rate. When the Chinese central bank issues yuan to mop up excess dollars, the authorities are in effect expanding the domestic money supply. The Chinese banking system is now awash with money and there is growing concern that excessive lending could create a financial bubble and a surge in price inflation, which might destabilize the economy. On July 25, 2005, the Chinese finally bowed to the pressure. The government announced that it would abandon the peg against the dollar in favor of a “link” to a basket of currencies, which included the euro, yen, and U.S. dollar. Simultaneously, the government announced that it would revalue the yuan against the U.S. dollar by 2.1 percent, and allow that value to move by 0.3 percent a day. The yuan was allowed to move by 1.5 percent a day against other currencies. Many American observers and politicians thought that the Chinese move was too limited. They called for the Chinese to relax further their control over the dollar/yuan exchange rate. The Chinese resisted. By 2006, pressure was increasing on the Chinese to take action. With the U.S. trade deficit with China hitting a new record of $202 billion in 2005, Senators Schumer and Graham once more crafted a Senate bill that would place a 27.5 percent tariff on Chinese imports unless the Chinese allowed the yuan to depreciate further against the dollar. The Chinese responded by inviting the senators to China, and convincing them, for now at least, that the country will move progressively towards a more flexible exchange rate policy

In: Economics

Read the Case: China’s Managed Float Why do you think the Chinese government originally pegged the...

Read the Case: China’s Managed Float Why do you think the Chinese government originally pegged the value of the yuan against the U.S. dollar? What were the benefits of doing this to China? What were the costs? What do you think the Chinese government should do? Let the float, maintain the peg, or change the peg in some way?

China’s Managed Float

In 1994, China pegged the value of its currency, the yuan, to the U.S. dollar at an exchange rate of $1 = 8.28 yuan. For the next 11 years, the value of the yuan moved in lockstep with the value of the U.S. dollar against other currencies. By early 2005, however, pressure was building for China to alter its exchange rate policy and let the yuan float freely against the dollar. Underlying this pressure were claims that after years of rapid economic growth and foreign capital inflows, the pegged exchange rate undervalued the yuan by as much as 40 percent. In turn, the cheap yuan was helping to fuel a boom in Chinese exports to the West, particularly the United States, where the trade deficit with China expanded to a record $160 billion in 2004. Job losses among American manufacturing companies created political pressures in the United States for the government to push the Chinese to let the yuan float freely against the dollar. American manufacturers complained that they could not compete against “artificially cheap” Chinese imports. In early 2005, Senators Charles Schumer and Lindsay Graham tried to get the Senate to impose a 27.5 percent tariff on imports from China unless the Chinese agreed to revalue its currency against the U.S. dollar. Although the move was defeated, Schumer and Graham vowed to revisit the issue. For its part, the Bush administration pressured China from 2003 onwards, urging the government to adopt a more flexible exchange rate policy. Keeping the yuan pegged to the dollar was also becoming increasingly problematic for the Chinese. The trade surplus with the United States, coupled with strong inflows of foreign investment, led to a surge of dollars into China. To maintain the exchange rate, the Chinese central bank regularly purchased dollars from commercial banks, issuing them yuan at the official exchange rate. As a result, by mid 2005 China’s foreign exchange reserves had risen to more than $700 billion. They were forecast to hit $1 trillion by the end of 2006. The Chinese were reportedly buying some $15 billion each month in an attempt to maintain the dollar/yuan exchange rate. When the Chinese central bank issues yuan to mop up excess dollars, the authorities are in effect expanding the domestic money supply. The Chinese banking system is now awash with money and there is growing concern that excessive lending could create a financial bubble and a surge in price inflation, which might destabilize the economy. On July 25, 2005, the Chinese finally bowed to the pressure. The government announced that it would abandon the peg against the dollar in favor of a “link” to a basket of currencies, which included the euro, yen, and U.S. dollar. Simultaneously, the government announced that it would revalue the yuan against the U.S. dollar by 2.1 percent, and allow that value to move by 0.3 percent a day. The yuan was allowed to move by 1.5 percent a day against other currencies. Many American observers and politicians thought that the Chinese move was too limited. They called for the Chinese to relax further their control over the dollar/yuan exchange rate. The Chinese resisted. By 2006, pressure was increasing on the Chinese to take action. With the U.S. trade deficit with China hitting a new record of $202 billion in 2005, Senators Schumer and Graham once more crafted a Senate bill that would place a 27.5 percent tariff on Chinese imports unless the Chinese allowed the yuan to depreciate further against the dollar. The Chinese responded by inviting the senators to China, and convincing them, for now at least, that the country will move progressively towards a more flexible exchange rate policy

In: Economics