A Company Issues $5,000

question 66

Multiple Choice

A company issues $5,000.00 bonuses at the end of the year to all employees who earn less than $100,000.Salary and bonus are both defined as double data types.Which of the following selection statements would assign the correct amount to bonus?

• A) if (salary < $100,000)
• Bonus == $5000;
• B) if (salary < 100000)
• Bonus = 5000;
• C) if (salary <= 100000)
• Bonus = 5000;
• D) if (salary < 100000);
• Bonus = $5000;

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Definitions:

Total Costs

The sum of all costs incurred in the production of goods or provision of services, including both fixed and variable costs.

Profit-Maximizing Price

The price level at which a company can sell its products or services to achieve the highest profit, considering the cost of production and market demand.

Pure Monopolist

A market structure where a single firm is the sole producer of a product or service, having significant control over its price.

Economic Profit

The difference in total funds acquired and total expenditures, both straightforward and oblique, for a corporation.