A Variable Declaration Announces the Name of a Variable That

question 16

Multiple Choice

A variable declaration announces the name of a variable that will be used in a program, as well as:

• A)The type of data it will be used to hold
• B)The operators that will be used on it
• C)The number of times it will be used in the program
• D)The area of the code in which it will be used
• E)None of the above

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Definitions:

Marginal Benefit

The increased benefit derived from the utilization of one more unit of a good or service.

Marginal Cost

The cost added by producing one additional unit of a product, focusing on changes in overall cost with slight increases in production.

Sunk Costs

Costs that have already been incurred and cannot be recovered.

Marginal Analysis

The examination of the benefits and costs of an additional unit of consumption or production to make decisions on allocations of resources.