Assuming That a Valid Price Should Be Between 30 and 50

question 45

Multiple Choice

Assuming that a valid price should be between 30 and 50, does the following code snippet test this condition correctly?
Final int MIN_PRICE = 30;
Final int MAX_PRICE = 50;
Int price = 0;
Scanner in = new Scanner(System.in) ;
System.out.print("Please enter the price: ") ;
Price = in.nextInt() ;
If (price < MIN_PRICE)
{
System.out.println("Error: The price is too low.") ;
}
Else if (price > MAX_PRICE)
{
System.out.println("Error: The price is too high.") ;
}
Else
{
System.out.println("The price entered is in the valid price range.") ;
}

• A) This code snippet ensures that the price value is between 30 and 50.
• B) This code snippet only ensures that the price value is greater than 30.
• C) This code snippet only ensures that the price value is less than 50.
• D) This code snippet ensures that the price value is either less than 30 or greater than 50.

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Definitions:

Annual Profit

The net income a company earns over a fiscal year, after subtracting all expenses, taxes, and costs from total revenue.

Contribution Margin Ratio

The percentage of each sales dollar remaining after deducting variable costs, used to cover fixed costs and profit.

Margin Of Safety

The difference between actual or expected sales and the break-even point, expressing the level of sales fall that can be tolerated before a loss occurs.

Contribution Margin Ratio

The percentage of sales revenue that exceeds variable costs, representing how much revenue contributes towards covering fixed costs and generating profit.