Based on the Code Above, What Is the Value of Y

question 46

Multiple Choice

Based on the code above, what is the value of y if x = 5?

• A) 2
• B) 4
• C) 6
• D) 8

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Definitions:

Consumer Surplus

The gap between the total sum consumers are prepared and financially able to spend on a good or service and the sum they actually spend.

Legal

Pertaining to or conforming to the laws of a country or the legality of a situation or activity.

Efficient Output Level

The quantity of output at which a firm's average total cost is minimized.

Units

Basic quantities or measurements used as a standard to express the amount, level, or size of something.