Why Is It Important to Be Able to Export Data

question 12

Multiple Choice

Why is it important to be able to export data in an XML format?

• A) Because it converts code into HTML for the website.
• B) Because it provides a way to classify data.
• C) Because it is needed for attributes to be assigned.
• D) Because it allows data to be shared between applications.

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Definitions:

Losses

Financial condition when a company's total costs exceed its total revenue, leading to a negative profit.

Market Failure

An economic situation in which the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.

Competitive Behavior

Actions taken by companies or individuals to gain an advantage in the market, often through pricing, product differentiation, and advertising.

Externalities

Economic side effects or consequences that affect uninvolved third parties, which can be either positive or negative.