In Programming Languages, Loops Are Used to

question 19

Multiple Choice

In programming languages, loops are used to

• A) Loop through the execution logic and understand the program
• B) Collect all comments
• C) Mark the beginning and end of the program
• D) Repeat a set of commands

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Definitions:

Economists

Professionals who study the production, distribution, and consumption of goods and services, analyzing how economies work and how economic agents interact.

Opportunity Costs

Represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Explicit Costs

Direct, out-of-pocket payments for inputs or resources used in the production of goods or services, such as wages for labor, rent for offices, or materials for production.

Implicit Costs

Implicit costs are the opportunity costs of using resources that a company already owns, representing the potential income lost by not utilizing them elsewhere.