Consider the Following Class Hierarchy: When an Object of Type

question 20

Multiple Choice

Consider the following class hierarchy: When an object of type Vehicle is constructed, what will be printed by the constructors from this inheritance hierarchy?

• A)Vehicle Land Auto
• B)Auto Land Vehicle
• C)Vehicle
• D)Auto

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Definitions:

Implicit Costs

The opportunity costs that are not directly paid for in cash but represent the loss of alternative benefits when resources are used for a particular purpose.

Explicit Costs

Direct, out-of-pocket payments for goods and services that are used in the production of other goods or services.

Accounting Profit

The financial profit of a business calculated by subtracting total expenses from total revenue, as shown in the company's income statement.

Economic Profit

A measure of profitability calculated by subtracting both explicit and implicit costs from total revenues, reflecting the true economic performance of a business.