Which of the Following Statements Is Correct

question 54

Multiple Choice

Which of the following statements is correct?

• A) XML is an extensible syntax that can be used to specify many different kinds of data.
• B) XML has one specific purpose: to describe web documents.
• C) XML tells you how to display data.
• D) You can always replace XML elements with attributes.

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Definitions:

Cost Function

A mathematical formula used to calculate the total cost incurred by a company to produce a given level of output.

Maximizing Profits

The process by which a company determines the price and production level that generates the most profit.

Capitalistic Firm

A business entity operating in a capitalist economy, where the means of production are privately owned and operated for profit.

Marxian Inputs

Factors of production (labor, capital, etc.) as analyzed in Marxist economic theory, focusing on their exploitation and role in generating surplus value.