What Is the Result of the Following Boolean Expression,given That

question 30

Multiple Choice

What is the result of the following Boolean expression,given that x = 5,y = 3,and z = 8?
X < y and z > x

• A) True
• B) False
• C) 8
• D) 5

---

Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a competitive marketplace.

Consumer Surplus

The difference between the total amount consumers are willing and able to pay for a good or service versus the total amount they actually pay.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product or service, often intended to protect consumers from excessive prices.