In an If-Else Statement, If the Boolean Expression Is False

question 4

Multiple Choice

In an if-else statement, if the boolean expression is false then

• A) no statements or blocks are executed
• B) the statement or block following the else is executed
• C) the first statement or block is executed
• D) all the statements or blocks are executed

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price.

Marginal Revenue

The additional income generated from selling one more unit of a good or service. It is a vital concept in determining the optimal level of output for a company.

Marginal Cost

Marginal Cost refers to the increase in total production cost that arises from producing one additional unit of a good or service.

Economic Profits

The surplus achieved when the revenue from business activities exceeds both the explicit and implicit costs, differing from accounting profits by considering opportunity costs.