Examlex
For the questions below, assume that Poodle is a derived class of Dog and that Dog d = new Dog(...) and Poodle p = new Poodle(...) where the ... are the necessary parameters for the two classes.
-The assignment statement p = d; is legal even though p is not a Dog.
Total Revenue
The entire amount of income generated by the sale of goods or services before any expenses are deducted.
Opportunity Cost
The value of the next best alternative forgone as a result of making a decision to pursue a certain action.
Economic Efficiency
The optimal distribution of resources in a manner that maximizes the total utility to all individuals in the economy.
Governmental Direction
Guidance or regulation provided by government bodies to influence or control certain activities, industries, or economic policies.
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