Consider the Following Code Snippet: Which of the Following

question 100

Multiple Choice

Consider the following code snippet: Which of the following statements about this code is correct?

• A)This code will read in a single character from the file in each iteration of the loop.
• B)This code will read in the entire contents of the file in a single iteration of the loop.
• C)This code will read in a single word from the file in each iteration of the loop.
• D)This code will read in an entire line from the file in each iteration of the loop.

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Definitions:

Marginal Cost (MC)

Marginal cost is the increase in total cost that arises from producing one additional unit of a product or service.

Marginal Revenue (MR)

The enhanced earnings from distributing an additional unit of a good or service.

Total Costs

The sum of all expenses incurred in the production of goods or services.

Purely Competitive

A market structure characterized by many buyers and sellers, free entry and exit, and a product that is homogeneous across suppliers, leading to price being determined by supply and demand.