What Would Be the Value of DiscountRate After the Following

question 6

Multiple Choice

What would be the value of discountRate after the following statements are executed? double discountRate = 0.0;
Int purchase = 100;
If (purchase > 1000)
DiscountRate = .05;
Else if (purchase > 750)
DiscountRate = .03;
Else if (purchase > 500)
DiscountRate = .01;

• A) .05
• B) .03
• C) .01
• D) 0.0

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Definitions:

Home Landscaping

The practice of altering the visible features of an area of land surrounding a home to enhance its appearance or functionality.

Price

The amount of money required to purchase a good or service.

Positive Externality

A benefit that is enjoyed by a third-party as a result of an economic transaction, without them necessarily being involved in the transaction.

Marginal Social Benefit

Sum of the marginal private benefit plus the marginal external benefit.