The Process of ____ Is Used to Create an Object

question 85

Multiple Choice

The process of ____ is used to create an object from a class.

• A) initialization
• B) instantiation
• C) objectification
• D) classification

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Definitions:

Output Level

The quantity of goods or services produced by a firm, industry, or economy in a given time period.

Profit-Maximizing Output

The level of production at which a firm achieves the highest possible profit.

Marginal Cost

The cost of producing one additional unit of a product or service.

Average Variable Cost

Average Variable Cost is the variable cost per unit of output, calculated by dividing total variable costs by total output, illustrating how variable costs change with output levels.