In Shoetown,a Rancher Takes $0 Worth of Inputs and Produces

question 58

Multiple Choice

In Shoetown,a rancher takes $0 worth of inputs and produces animal skins,which he sells to the tanner for $400.The tanner then sells leather to the shoemaker for $700,and the shoemaker then sells $1200 worth of shoes.The value added from these transactions is

• A)$800.
• B)$1000.
• C)$1200.
• D)$2300.
• E)$2500.

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Definitions:

Variable Values

Refers to the data or information that variables in a program hold during its execution.

Execution

Execution refers to the process by which a computer or virtual machine carries out the instructions of a computer program.

Implicit Type Cast

Automatic conversion of a value from one data type to another by the compiler.

Explicit Type Cast

A manual operation performed by the programmer to convert a variable from one data type to another. It's typically used when automatic type conversion is not possible or might lead to data loss.