Questions
Total has discovered a potential 1 billion barrels of “wet” gas off the coast of South...

Total has discovered a potential 1 billion barrels of “wet” gas off the coast of South Africa. The gas could be used as petrol or perhaps even converted into electricity, according to one expert. The Brulpadda gas find should mean more tax revenue and a stronger rand. How Will It Affect South Africans Firstly, government will earn more tax. Total and its partners will pay the regular 28% corporate tax on all taxable income from Brulpadda. According to the most optimistic estimates, the Brulpadda find could yield $1 trillion (R14.4 trillion) for Total and its partners, which would mean a massive tax windfall for South Africa. Certain Businesses and Skills Will Be in Demand The Brulpadda find could have a massive boost to all kinds of businesses in South Africa. Companies providing helicopters, marine services, catering supplies and transport to get supplies to the site would be required.

4.1 Assuming that government budget is at zero balance discuss the implication of the gas find in terms of government’s fiscal policy for the following economic factors:

4.1.1 Collection of revenue through taxation on personal income (6)

4.1.2 Government spending on the provision of goods and services (7)

4.2 Explain, with the aid of a diagram, the economic impact on cost-push inflation and aggregate output. (12)

4.3 Discuss the main type of unemployment that would be reduced

In: Economics

C# programming Write a number guessing game using System.Collections.Generic.Dictionary. Generate 10 distinct random numbers in the...

C# programming

Write a number guessing game using System.Collections.Generic.Dictionary.

  • Generate 10 distinct random numbers in the range of 1 to 20. Each random number is associated with a prize money (from 1 to 10000). Use a Dictionary to store the mapping between the random number and the prize money.
  • Ask user for two distinct numbers, a and b, both from 1 to 20; if a and b are not distinct, or out of range, quit the program
  • Lookup the prize money from both numbers and print out the sum via "You earned XXXX in total!". If the table does not contain the number, assume the prize money is 0.

e.g. Suppose we generate the following random numbers and penalty money:

1

3

4

6

7

11

12

13

19

20

333

234

12

500

1569

9900

23

2

588

23

If a user guess 5 and 3, we output "You earned 234 in total!"

If a user guess 1 and 13, we output "You earned 335 in total!"

If a user guess 1 and 1, quit

* Please use seeded random generation to help you debug your code, i.e. "Random rand = new Random(0);"

**You may have the following properties/methods useful: Count, ContainsKey, Add

Please copy and paste the final working program here:

In: Computer Science

The use of computers in education is referred to as computer-assisted instruction (CAI). More sophisticated CAI...

The use of computers in education is referred to as computer-assisted instruction (CAI). More sophisticated CAI systems monitor the student’s performance over a period of time. The decision to begin a new topic is often based on the student’s success with previous topics. Modify the following auxiliary program (Computers are playing an increasing role in education. Write a program that will help an elementary school student learn multiplication. Use rand to produce two positive one-digit integers. It should then type a question such as: How much is 8 * 9? The student then types the answer. Your program checks the student’s answer. If it is correct, print “Very good!” and then ask another addition question. If the answer is wrong, print “No. Please try again.” and then let the student try the same question again repeatedly until the student finally gets it right. Terminate the program when the student has 5 right answers.) to count the number of correct and incorrect responses typed by the student. After the student types 5 answers, your program should calculate the percentage of correct responses. If the percentage is lower than 75 percent, your program should print “Please ask for extra help” and then terminate. If the percentage is 75 percent or higher, your program should print “Good work!” and then terminate.

I am programming student so please keep code simple enough that I can learn from it thanks

In: Computer Science

1 import java.util.Random; 2 3 /* This class ecapsulates the state and logic required to play...

1 import java.util.Random;
2
3 /* This class ecapsulates the state and logic required to play the
4 Stick, Water, Fire game. The game is played between a user and the computer.
5 A user enters their choice, either S for stick, F for fire, W for water, and
6 the computer generates one of these choices at random- all equally likely.
7 The two choices are evaluated according to the rules of the game and the winner
8 is declared.
9
10 Rules of the game:
11 S beats W
12 W beats F
13 F beats S
14 no winner on a tie.
15
16 Each round is executed by the playRound method. In addition to generating the computer
17 choice and evaluating the two choices, this class also keeps track of the user and computer
18 scores, the number of wins, and the total number of rounds that have been played. In the case
19 of a tie, neither score is updated, but the number of rounds is incremented.
20
21 NOTE: Do not modify any of the code that is provided in the starter project. Additional instance variables and methods
22 are not required to make the program work correctly, but you may add them if you wish as long as
23 you fulfill the project requirements.
24
25 */
26 public class StickWaterFireGame {
27
28
29 // TODO 1: Declare private instance variables here:
30
31
32 /* This constructor assigns the member Random variable, rand, to
33 * a new, unseeded Random object.
34 * It also initializes the instance variables to their default values:
35 * rounds, player and computer scores will be 0, the playerWins and isTie
36 * variables should be set to false.
37 */
38 public StickWaterFireGame() {
39 // TODO 2: Implement this method.
40
41 }
42
43 /* This constructor assigns the member Random variable, rand, to
44 * a new Random object using the seed passed in.
45 * It also initializes the instance variables to their default values:
46 * rounds, player and computer scores will be 0, the playerWins and isTie
47 * variables should be set to false.
48 */
49 public StickWaterFireGame(int seed) {
50 // TODO 3: Implement this method.
51
52 }
53
54 /* This method returns true if the inputStr passed in is
55 * either "S", "W", or "F", false otherwise.
56 * Note that the input can be upper or lower case.
57 */
58 public boolean isValidInput(String inputStr) {
59 // TODO 4: Implement this method.
60 return false;
61 }
62
63 /* This method carries out a single round of play of the SWF game.
64 * It calls the isValidInput method and the getRandomChoice method.
65 * It implements the rules of the game and updates the instance variables
66 * according to those rules.
67 */
68 public void playRound(String playerChoice) {
69 // TODO 12: Implement this method.
70 }
71
72 // Returns the choice of the computer for the most recent round of play
73 public String getComputerChoice(){
74 // TODO 5: Implement this method.
75 return null;
76 }
77
78 // Returns true if the player has won the last round, false otherwise.
79 public boolean playerWins(){
80 // TODO 6: Implement this method.
81 return false;
82 }
83
84 // Returns the player's cumulative score.
85 public int getPlayerScore(){
86 // TODO 7: Implement this method.
87 return 0;
88 }
89
90 // Returns the computer's cumulative score.
91 public int getComputerScore(){
92 // TODO 8: Implement this method.
93 return 0;
94 }
95
96 // Returns the total nuber of rounds played.
97 public int getNumRounds(){
98 // TODO 9: Implement this method.
99 return 0;
100 }
101
102 // Returns true if the player and computer have the same score on the last round, false otherwise.
103 public boolean isTie(){
104 // TODO 10: Implement this method.
105 return false;
106 }
107
108 /* This "helper" method uses the instance variable of Random to generate an integer
109 * which it then maps to a String: "S", "W", "F", which is returned.
110 * This method is called by the playRound method.
111 */
112 private String getRandomChoice() {
113 // TODO 11: Implement this method.
114 return null;
115 }
116 }
117

In: Computer Science

After recent Demogorgon invasion in Hawkins, Indiana, Will, Dustin, Lucas, Mike, and Eleven start a firm,...

After recent Demogorgon invasion in Hawkins, Indiana, Will, Dustin, Lucas, Mike, and Eleven start a firm, named DemoGone, which sells Demogorgon defense kits door-to-door. These kits include, among other things, Christmas lights, a baseball bat, and upon Eleven's request, Eggo Waffles. Since nobody else knows how to defeat Demogorgons DemoGone is a Monopoly. Demand for these defense kits is QD = 100 - 2P Total Costs are TC1 = 20q1 Which imply Marginal Costs of MC1 = 20

A) Assume that DemoGone is making profits, graph the firms profit maximization problem. Be sure to label all axes and relevant lines and curves. Also point out DemoGone's profit maximizing price and quantity as well as the socially efficient output level.

B) Calculate DemoGone's solution (i.e. the monopoly equilibrium.) How much profit is generated by that choice?

After observing the killer profit her brother's firm is making, Nancy and her rebel boyfriend Steve enter the Demogorgon Defense market selling their own, identical kit. Their firm, "What about Barb" faces the same production costs as DemoGone.

C) If "What about Barb" and DemoGone act as competing Duopolists, what is the duopoly outcome of quantities and price? What about profits?

D) If both firms were forced to price at marginal costs, what are quantities, price, and profits here?

E) If both firms perfectly colluded, what is the optimal quantity and price? Profits?

F) Is this cartel sustainable?

In: Economics

When you decide to go and have a dinner with your friends in a world class hotel such as the Langham hotel or Coronado Beach

 

When you decide to go and have a dinner with your friends in a world class hotel such as the Langham hotel or Coronado Beach, perhaps you would be horrified by the high price you would have to pay for a bottle of soft drink such as Coca Cola or Pepsi Cola or wine or even bottled water. Perhaps you begin to ponder why the same commodity that you can get at a supermarket at one tenth the hotel price is going for such an astronomical price at the hotel.Of course, such facilities will have a warning such "you are not allowed to bring in your own food or drinks" posted at appropriate places in the facility for the attention of customers.In another scenario, you enter a designer shop to buy clothes with a designer label for a friend on their birthday or on Valentine day and you reckon the clothes are so much expensive compared to similar own brand clothes from a clothing or chain store, even though they may cost a similar amount to produce.


Questions


Using your knowledge
in basic economics, especially
of the concept of demand and supply, attributes of a competitive market and price elasticity of demand, briefly discuss the following

A. Why may a hotel charge such very high prices for wine, soft drinks or even bottled water and yet quite reasonable prices for food and still get away with such high prices?

B. Why are designer shops able to price their clothes so very expensive and yet still get clients even though similar clothes that are available in a supermarket chain shops cost pretty much less?

Already rated 100%

In: Economics

What is the underlying concept behind future price level uncertainty? Consider the following data that gives...

What is the underlying concept behind future price level uncertainty?

Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next six questions. Assume that goods A, B and C are the economy’s entire output and that the base year is 2017.'

Good 2017 Price 2017 Quantity 2018 Price 2018 Quantity
A $2.00 500 $2.00 600
B $1.00 750 $1.50 800
C $2.00 300 $3.00 300

What was the rate of inflation between 2017 and 2018?

Group of answer choices

2.8%

26.9%

7.9%

30.1%

16.7%

Consider the following data, which show the quantities and prices of two goods produced in an economy, to answer the next three questions.

Quantity produced Price
Wheat 50 million bushels $2/bushel
Televisions 1 million $500/television

Assuming these are the only two goods produced in an economy, what is the value of the gross domestic product (GDP)?

Group of answer choices

$100 million

$750 million

$250 million

$800 million

$600 million

Group # in Millions
Work-eligible population 247
Labor force 159
Not in labor force 88
Employed 144
Unemployed 15

According to the above table, the unemployment rate in this economy is equal to

Group of answer choices

9.4%.

10.4%.

90.6%.

64.8%.

12.6%.



According to the given table, the labor force participation rate in this economy is equal to ________.

Group of answer choices

90.1%

36.9%

88.3%

11.7%

65.8%

In: Economics

Assume you work for the Virginia Department of Health. Your boss just came to you with...

Assume you work for the Virginia Department of Health. Your boss just came to you with one of his brilliant ideas to reduce smoking in the state. He just learned that raising the price of a good will reduce consumption of it, so he wants to impose a “sin” tax on cigarettes to reduce smoking by 1,000 packs per day. From your economic research unit, you know the inverse demand function for cigarettes P(cig)=10-4Q(cig) [paranethesis are subscripts] where P(cig) is the price of a pack of cigarettes in dollars and Qcig is the daily number of packs in thousands. A quick check at the Kwik-E-Mart tells you that the current price of cigarettes is $2 per pack.

a. Your boss said that the Republicans in the state legislator will only allow a new tax of $2 per pack to be levied, but he thinks doubling the price should be enough to achieve his goals. Explain to him why he’s wrong. As part of your explanation you should show how much a reduction in smoking, in percentage terms, would result from a 100% price increase.

b. But he argues that he achieved the same desired reduction in consumption of pink tennis balls (which contained known carcinogens), so surely it would work with cigarettes as well. Comparing and contrasting the characteristics of the two goods, explain to him why he’s wrong.

c. How high would the tax need to be to achieve his goal of a 1,000 pack reduction?

In: Economics

Day 1. Established a company with authorized capital – 550000 AZN. Day.2 Rented an office with...

Day 1. Established a company with authorized capital – 550000 AZN. Day.2 Rented an office with monthly fee
– 4000 AZN.Day 3. Hired employees: Executive manager-1700 AZN, 3 mid chain managers – each 1100 AZN, 7
sales specialists – each 700 AZN, one warehouseman – 1100 AZN. Day 5. Obtained a warehouse for keeping goods
– 15000 AZN. Day 8. Purchased 1000 units of microprocessors by the price 70 AZN per unit.Day 10. Obtained a
small truck for transportation needs – 9000 AZN.Day 12. Purchased additionally 800 units of microprocessors by
the price 100 AZN per unit and 1200 video graphic adapters by the price 150 AZN per unit. Day 16. By the decision
of procurement and sales departments additionally purchased 1200 units of microprocessors by the price 90 AZN
per unit and 800 video graphic adapters by the price 120 AZN. Day 20. The company realized 2000 units of
microprocessors and 1500 units of video graphic adapters with 65% trade surcharge. Day 24. The company received
bill for utilities – 1200 AZN. Day 30. The company paid for all expenses including sales tax (4%). For
purchase/selling operations use FIFO method. The terms of the problem: To prepare appropriate Profit and Loss
Statement regarding above mentioned operations.To prepare appropriate Cash Flow Statement regarding above
mentioned operations.To prepare appropriate Balance Sheet Statement regarding above mentioned operations.

In: Accounting

1. Boring, Inc. just paid a dividend of $1.50 per share on its stock. The dividends...

1. Boring, Inc. just paid a dividend of $1.50 per share on its stock. The dividends are expected to grow ata constant rate of 5 percent indefinitely. If the required return is 10% on the stock,

a. What is the current stock price (P0)?

b.What will be the price in three years (P3)?

(Hint for a and b: Use the constant dividend model)

2.The next dividend payment by Nespresso Co. will be $2.00 per share. The dividends are expected togrow at 5% forever. If the stock currently sells for $100 per share,

a. What is the required return (r)?

b. What is the dividend yield?

c. What is the capital gain yield?

3. How much are you willing to pay for one share of Salmon Brothers Co. stock today if the companyjust paid a $0.70 annual dividend, the dividends increase by 2 percent annually, and you require a 10percent rate of return? (Compute P0)

4.Netflix Corp. just paid a dividend of $1.30 per share. The dividends are expected to grow at 23% forthe next 8 years and then level off to a growth rate of 6% forever. If the required return is 12%, what isthe price of the stock today (P0)? (Hint: two-stage growth model)

5.Sally Corp. currently has an EPS of $3.00, and the benchmark PE for the company is 41. Earnings areexpected to grow at 4 percent per year.a.What is your estimate of the current stock price (P0)?b. What is the target stock price in year 4 (P4)?

PLEASE SHOW HOW YOU GOT ANSWERS!

In: Finance