Public Abstract Class Car

question 25

Essay

public abstract class Car
{
    private String model;
    public abstract void color();
    public String getName()
    {
        return model;
     }
     public void setName(String carModel)
     {
        model = carModel;
      }
}
Using the code above, would it be possible to create a class in which you declare a Car object with the statement Car myCar = new Car("Honda"); ?
Explain why or why not.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a competitive market.

Profit

The profit earned when the total income surpasses all the expenditures, costs, and taxes necessary for maintaining the business.

Profit-Maximizing

A strategy or approach taken by firms to achieve the highest possible profit from their operations.

Market Price

The existing rate at which an item or service is offered for buying or selling on the market.