Consider the Following Code Snippet: Employee Programmer = New Employee(10254

question 14

Multiple Choice

Consider the following code snippet: Employee programmer = new Employee(10254, "exempt") ;
String s = programmer.toString() ;
Assume that the Employee class has not implemented its own toString() method. What value will s contain when this code is executed?

• A) s will contain the values of the instance variables in programmer.
• B) s will contain only the class name of the programmer object.
• C) s will contain the class name of the programmer object followed by a hash code.
• D) This code will not compile.

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Definitions:

Marginal Cost

The escalation in aggregate cost that comes from generating one more unit of a product or service.

Fixed Cost

Costs that do not change with the amount of goods or services produced by a business.

Variable Cost

Costs that vary directly with the level of production or volume of output.

ATC Curve

The ATC (Average Total Cost) Curve is a graphical representation of how a firm's average total costs vary with output level, highlighting the cost efficiency of producing goods.