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A University wishes to create an information system for recording the results of students. When a student joins the university he or she registers on a particular course. Each student is also assigned an Advisor of Studies. Each year of each course is made up of 4 modules. A student must take and pass each module in a given year before he or she is allowed to move into the next year of the course or to graduate. A student is allowed 3 attempts to pass a module and an additional attempt is allowed at the discretion of the university. The university has several departments, each of which offers a set of courses. Each department has a Head of Department (HOD) and each course has a Course Leader. Each module is assigned to a member of staff called a Module Coordinator, who has the responsibility to oversee the teaching and assessment of the module.
a) Develop a use case diagram
b) Model a class diagram.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..
Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
Draw the production possibility curve and a. Define consumer surplus and producer surplus.
The Australian government administers two programs that affect the market for cigarettes
How many tickets to sell to maximize total welfare.
The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled
Depict the von Neumann-Morgenstern utility index u in a diagram
What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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