Examlex
Consider the classes shown below: public class Parent
{
Public int getValue()
{
Return 24;
}
Public void display()
{
System.out.print(getValue() + " ") ;
}
}
Public class Child extends Parent
{
Public int getValue()
{
Return -7;
}
}
Using the classes above, what is the output of the following lines of code?
Child kid = new Child() ;
Parent adult = new Parent() ;
Kid) display() ;
Adult.display() ;
Incumbent Monopoly
A situation where a single company dominates a market or industry, often due to having established a strong presence over time.
Excess Capacity
The situation in which a firm produces less than its potential output, often indicated by idle resources or facilities.
Potential Entrant
Refers to a business or company that is not currently in a market but has the capability and interest to enter the market if certain conditions are met.
Dominant Strategy
A strategy in game theory that yields the best outcome for a player regardless of what strategies other players choose.
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