What Is the Output of the Following Code Snippet

question 9

Multiple Choice

What is the output of the following code snippet?
Public static void doubleAmount(int intvalue)
{
Intvalue = 2 * intvalue;
}
Public static void main(String[] args)
{
Int principalAmt = 2000;
System.out.println(doubleAmount(principalAmt) ) ;
}

• A) 2000
• B) 4000
• C) 0
• D) Compilation error

Recognize the concept of mutual interdependence and its effect on price control in different market models.

Associate specific industries with appropriate market models based on their characteristics.

Comprehend the concept of differentiated and standardized products within various market structures.

Understand the impact of the number of firms in an industry on market models and competition levels.

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Definitions:

Marginal

Term used to describe the effects of a change in the current situation. For example, a producer’s marginal cost is the cost of producing an additional unit of a product, given the producer’s current facility and production rate.

Average Increasing

A situation in which the average cost of production goes up as the quantity produced increases.

Long-run Average Total Cost

The average cost per unit of output produced over a period during which all inputs, including capital, are variable.

Diseconomies of Scale

The situation in which a business experiences an increase in average costs per unit when output is increased beyond a certain point.