Unholy Vault Designs/Shutterstock.com Photo/Sasha Vodnik

question 67

Multiple Choice

 
Unholy Vault Designs/Shutterstock.com
Photo/Sasha Vodnik
Referring to the figure above, the icon on the tab, next to the words "Lakeland Reeds Bed & Br.." is a(n) ____ icon known as a favicon.

• A) custom
• B) standard
• C) animated
• D) temporary

---

Definitions:

Private Property

Legal rights that allow individuals or entities to own, use, and dispose of assets.

Demand and Supply

Fundamental economic concepts that describe the amount of a product or service available for purchase (supply) and the desire of buyers for it (demand), influencing price and market equilibrium.

Market Failure

A situation where the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.

Allocated Efficiently

A resource allocation where resources are distributed in a way that maximizes the net benefit to society or achieves a desired outcome effectively.