Which of the Following Statements Is False

question 2

Multiple Choice

Which of the following statements is false?

• A) A class can directly inherit from class Object.
• B) It's often much more efficient to create a class by inheriting from a similar class than to create the class by writing every line of code the new class requires.
• C) If the class you're inheriting from declares instance variables as private, the inherited class can access those instance variables directly.
• D) A class's instance variables are normally declared private to enforce good software engineering.

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Definitions:

P > MC

Indicates a situation where the price of a good is greater than the marginal cost of producing it, suggesting a potential for profit.

Monopolistically Competitive

A market structure characterized by many sellers offering differentiated products, leading to some degree of market power but still allowing for competition.

Efficient Use

The optimal utilization of resources to achieve the highest possible output or satisfaction with the least possible waste.

Minimum ATC

The point on a firm’s average total cost curve where the cost is at its lowest, representing the most efficient scale of production.