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Using Object-Oriented Programming (OOP), design a base class Simplemath and derived Addition, Subtraction, Division, Multiplication classes within. The user should have the option (e.g., switch statement, if statement, if else statement, nested statements) to choose which calculation he or she prefers to use. Once a selection is made, the user should be able to input as many calculations as he or she wishes until done, with all totals given as an output prior to exiting the program. Create an array for the numbers users input to be stored.
A business employing 8 workers to produce commemorative t-shirts for campus events organizations.
We found GDP in 2010 was roughly $15,000 billion. You learned in Chapter 1 that GDP fell by approximately 3 percentage points in 2009. Use the simplest model of fiscal policy from Chapter 3 to answer the following. How many billion dollars did GDP fa..
The heart of Toyota’s strategy in motor vehicles is to outcompete rivals by manufacturing world-class, quality vehicles at lower costs and selling them at competitive price levels. Executing this strategy requires top-notch manufacturing capability a..
If a deposit outflow of $50 million occurs, which balance sheet would a bank rather have initially, the balance sheet of the following balance sheet.
Suppose the interest rate lowered to 3.75%. What would be the market price of the bond.
The production function Q = 0.25X0.5 Y0.5 exhibits: a. constant returns to scale. b. increasing returns to scale. c. increasing and then diminishing returns to scale. d. diminishing returns to scale. 11. When PX = $60, MPX = 2 and MPY = 2, relative e..
Hulk goes to the gym 20 times a month. His income is $1000 per month and his visits to the gym cost $4 per visit. For simplicity, assume all other goods that Hulk consumes besides the gym costs $10 each. Assume Hulk exhibits diminishing marginal rate..
Assume a perfectly competitive firm is currently producing 5,000 units of output and is earning $15,000 in total revenue. The marginal cost of the 5,000th unit of output is $3. The corresponding average total cost is $3.50 and total fixed costs equal..
Assume the demand function for basketballs is given by QD = 150 −3P + 0.1I, where P = price of a basketball, and I = average income of consumers. Also, assume the supply of basketballs is given by QS = 2P. If the market for basketballs is perfectly c..
Suppose a firms production function is Q = 0.2K0.5 L0.5. Its level of capital is fixed at 25 units, the price of labor is PL = $8 per unit, and the price of capital is PK = $4 per unit. The firms average fixed cost function, average variable cost fun..
Little Kona is a small coffee company that is considering entering a marketplace dominated by Big Brew.
Paula has set aside $60 monthly budget to attend plays and watch movies. She likes plays exactly three time as much as she likes movies. (Plays and movies are perfect substitutes with 1 to 3 ratio.) Draw her indifference curves. If plays tickets cost..
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