When a Value of One Data Type Is Automatically Changed

question 43

Short Answer

When a value of one data type is automatically changed to another data type, a(n) ____________________ type coercion is said to have occurred.

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Definitions:

Competitors

Entities that are in the same industry and vie for the same customers or market share.

Economic Profit

The difference between a firm's total revenue and its opportunity costs, both explicit and implicit.

Perfect Competitor

A theoretical market scenario where numerous small firms sell identical products, allowing no single firm to influence the market.

Marginal Revenue

The extra income a company earns by selling an additional unit of a product or service.