(Table: Decision to Enter) Use the Table

question 42

Multiple Choice

(Table: Decision to Enter) Use the table. A firm is considering whether to enter an industry, with the conditions upon entry set forth in the table. Entering the industry would require the firm to pay $800 per day in fixed costs. This firm should ________ the industry because its profits would be ________ per day.

• A) not enter; -$1,350
• B) not enter; -$800
• C) enter; $700
• D) enter; $150

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Definitions:

Syntax

The set of rules that defines the combinations of symbols considered to be correctly structured programs or expressions in a programming language.

ArrayList

A resizable array implementation of the List interface in Java, providing dynamic array sizing and manipulation functionalities.

Memory Management Methods

Techniques and methods used in programming to allocate and deallocate memory efficiently.

EnsureCapacity

A method used in collections like ArrayList in Java, to pre-allocate storage to hold a minimum number of elements, optimizing performance by reducing dynamic reallocation.