Public Abstract Class Car

question 41

Essay

public abstract class Car
{
    private String model;
    public abstract void color();
    public String getModel()
    {
         return model;
    }
    public void setModel(String modelName)
    {
         model = modelName;
    }
}
public class Honda extends Car
{
    public void color()
    {
       System.out.println("red");
    }
}
public class Ford extends Car
{
    public void color()
    {
      System.out.println("blue");
    }
}
public class MyCars
{
    public static void main(String[] args)
    {
       Honda myHonda = new Honda();
       Ford myFord = new Ford();
       myHonda.setModel("My Honda is ");
       myFord.setModel("My Ford is ");
       System.out.print(myHonda.getModel());
       myHonda.color();
       System.out.print(myFord.getModel());
       myFord.color();
    }
}
Using the above code, describe the output that will appear when the program is executed.

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Definitions:

Economic Efficiency

Economic efficiency occurs when all resources are allocated optimally to serve each individual or entity in the best way while minimizing waste and inefficiency.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity can dictate prices.

External Benefit

A benefit that an activity or transaction provides which is not captured by the consumer or producer, benefiting others in society.

Public Good

A product or service that is made available to all members of a society, typically funded by the government, and characterized by non-excludability and non-rivalry.