In a 168-Million-Color (Called Photographic Quality or ____) Image, Three Bytes (24

question 57

Multiple Choice

In a 16.8-million-color (called photographic quality or ____) image, three bytes (24 bits) are used to store the color data for each pixel in the image.

• A) mega color
• B) true color
• C) real color
• D) full color

---

Definitions:

Externalities

The cost or benefit that affects a party who did not choose to incur that cost or benefit, often not reflected in market prices.

Market Power

The ability of a firm or group of firms to influence the price and production levels of a product or service in the market.

Market Failure

A scenario where the distribution of goods and services by an unregulated market fails to be effective, frequently causing a decrease in overall social welfare.

Communist Countries

Nations where the government controls most forms of economic activity and property is commonly owned.