The Following Two Arrays String DeptName[3] = {"Manufacturing", "Sales", "Business

question 34

Multiple Choice

The following two arrays string deptName[3] = {"Manufacturing", "Sales", "Business Office") ;
Double deptBudget[3] = {200000.0, 60000.0, 50000.0};
Are an example of ________ arrays.

• A) two-dimensional
• B) paired
• C) linked
• D) parallel
• E) brother

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive, typically represented by an area on a graph.

Supply Curve

A graph displaying the relationship between the price of a good or service and the quantity of that good or service that a supplier is willing and able to provide, holding all else equal.

Diminishing Marginal Product

A principle stating that as more of a variable input is added to a fixed input, the additional output produced from each additional unit of the variable input eventually decreases.

Marginal Costs

The supplementary cost arising from the manufacture of an extra unit of a good or service.