What Does the Following Statement Do

question 5

Multiple Choice

What does the following statement do?
String prodCode = nextLine(in, "Product Code (D=Done, L=List) ") ;

• A)It will store the string "Product Code (D=Done, L=List)" in the variable in.
• B)It will display "in, Product Code (D=Done, L=List)" on the screen.
• C)It will display the contents of the variable in on the screen.
• D)It will read the user's input and store it in the object prodCode.

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Definitions:

Monopolistic Competition

A market structure characterized by many firms selling similar but not identical products, allowing each to maintain some control over pricing.

Monopolistically Competitive

Pertains to a market structure where many firms sell products that are similar but not identical, allowing for some degree of market power and product differentiation.

Profit-Maximizing Level

The point of output where a firm earns the highest possible profit, found where marginal cost equals marginal revenue.

Short-Run Output

The quantity of goods and services produced over a period where at least one input, typically capital, is fixed.