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Consider the Following Code Snippet

question 55

Multiple Choice

Consider the following code snippet. Scanner in = new Scanner(. . .) ;
While (in.hasNextDouble() )
{
Double input = in.nextDouble() ;
}
Which of the following statements about this code is correct?


Definitions:

Marginal Cost

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

Block Pricing

A pricing strategy where different quantities of a product or service are sold at different prices, usually implying that larger quantities are sold at a lower per-unit price.

First-Degree Price Discrimination

Practice of charging each customer her reservation price.

Marginal Revenue

The increase in revenue resulting from the sale of one additional unit of a product or service.

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