Telstra is a telecommunications provider that has many different mobile phone plans. They have two general types of phone plans: BYO phone (where the customer provides their own mobile phone) and Mobiles on a Plan (where Telstra provides the mobile as well as the calls, texts and data). Assume existing customers are NOT able to substitute (or switch) from one plan to another (ie: they are “locked in”). Telstra then decides to raise the price of its BYO phone plan. The quantity demanded of BYO phone plans will increase. The demand for Mobiles on a Plan will increase and the quantity demanded of BYO phones will decrease. The demand for Mobiles on a Plan will shift to the left due to the increase in price of BYO phone plans. Which of the above statements are true: Only 1 is true. Only 2 is true. Both 1 and 2 are true. Both 2 and 3 are true. All three are false.

If you purchase 100 Telstra shares on the ASX today, the transaction is most likely occurring:Group of answer choicesin the secondary market.in the debt market.in the private placement market.in the primary market.in a rights issue.

If you purchase 100 Telstra shares on the ASX today, the transaction is most likely occurring: Group of answer choices in the secondary market. in the debt market. in the private placement market. in the primary market. in a rights issue.

Consider the technology choices for a new phone handset for the iPhone and Galaxy by their respective head companies. Both firms can simultaneously choose either technology 1 (T1) or technology 2 (T2). The payoffs from a choice of (T1, T1) is 20 for each firm (note that the first term relates to Galaxy and the second iPhone). If both firms go for T2, the payoffs are 30 for each firm. If the strategies adopted are (T2, T1), the payoffs are (50, 80). Finally, if the strategies adopted are (T1, T2) the payoffs are (60, 70) for Galaxy and iPhone respectively. Which statement is true?Group of answer choicesThe Nash equilibrium is (T1, T1)The Nash equilibrium is (T2, T2)The Nash equilibrium is (T1, T2)The Nash equilibria are (T1, T1) and (T2, T2); this is an example of firms adopting a minimal product differentiation strategy.The Nash equilibria are (T2, T1) and (T1, T2); this is an example of firms adopting a maximal differentiation strategy.

Write a program that calculates the bill for a cellular telephone company. The company offers two types of service: regular and premium. Its rates vary depending on the type of service. The rates are computed as follows:·         Regular Service: R100 + The first 50 mins are free + R2 per minute for mins over 50.·         Premium Service:  R250 +a.       For calls from 6:00 a.m. to 6:00 p.m., the first 75 minutes are free; charges for more than 75 minutes are R1 per minute.b.      For calls from 6:00 p.m. to 6:00 a.m., the first 100 minutes are free; charges for more than 100 minutes are R0.5 per minute.Your program should prompt the user to enter an account number, a service code, and the number of minutes the service was used. A service code of r or R means regular service; a service code of p or P means premium service. Treat any other character as an error.For the premium service, the customer may use the service during the day and the night. Therefore, to calculate the bill, you must ask the user to input the number of minutes the service was used during the day and the number of minutes the service was used during the night.  Your program should then generate an invoice by writing the account number, type of service, number of minutes the telephone service was used, and the amount due to a file called bill.txt.

Because of the popularity and bandwidth demands of video streaming from sites such as Hulu, YouTube, and Netflix, _____ data plans are being offered by most cell phone providers.