Double[] as = New Double[7];

question 5

Multiple Choice

double[] as = new double[7];
Double[] bs;bs = as;How many objects are present after the code fragment in the accompanying figure is executed?

• A) 1
• B) 2
• C) 7
• D) 14

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Definitions:

Price Elasticity

A measure of the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level.

Inelastic

A description of a situation where the demand or supply for a good or service is relatively unresponsive to changes in price.

Price Elasticity

A measure of how much the quantity demanded or supplied of a good changes in response to a change in its price, indicating the sensitivity of demand or supply to price changes.