Problems - Correcting Logic and Code Errors

question 29

Essay

Problems - Correcting Logic and Code Errors
The following sample of code contains errors. Rewrite the incorrect statements to correct all errors.
An application allows the user to enter a salary amount. The application should then calculate and display the possible bonuses based on that salary, using bonus rates of 3-6% in increments of .5%.
' displays bonus amounts using rates
' of 3% - 6% in increments of .5%
Dim dblSalary As Decimal
Dim decBonus As Decimal
TryParse(txtSalary.Text, decSalary)
lblBonus.Text = String.Empty
For decRate As Decimal = 0.03 To 0.06 Step 0.5
decBonus = decSalary + decRate
lblBonus.Text = lblBonus.Text & decRate.ToString("P1") & " " & decBonus.ToString("C2") & ControlChars.NewLine
Next decRate

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Definitions:

Equilibrium Quantity

The quantity of a good or service at which supply equals demand, and the market is in balance, without any excess supply or shortage.

Perfectly Elastic

A situation in economics where the quantity demanded or supplied changes infinitely in response to any change in price.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers at various prices.

Higher Price

An increase in the cost of a good or service, often reflecting factors like demand and supply changes, production costs, or market conditions.