What Would Be the Value of DiscountRate After the Following

question 5

Multiple Choice

What would be the value of discountRate after the following statements are executed?
Double discountRate = 0.0;
Int purchase = 1250;
Char cust = 'N';
If (purchase > 1000)
If (cust == 'Y')
DiscountRate = .05;
Else
DiscountRate = .04;
Else if (purchase > 750)
If (cust == 'Y')
DiscountRate = .04;
Else
DiscountRate = .03;
Else
DiscountRate = 0;

• A) .05
• B) .04
• C) .03
• D) 0

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Definitions:

Megawatts

A unit of power equal to one million watts, often used to quantify the output of large power plants or the electricity consumption of large entities.

Natural Monopoly

A market situation where a single firm can supply the entire market more efficiently than multiple firms due to high fixed or start-up costs.

Producing Electricity

The process of generating electric power from sources of primary energy such as coal, natural gas, nuclear, solar, or wind energy.

Economic Inefficiency

A situation where resources are not utilized in the most productive way, leading to lost potential output or welfare.