Match the Hex Signature with Its File Extension

question 7

Multiple Choice

Match the hex signature with its file extension.
-42 4D

• A)BMP
• B)ICO
• C)PNG
• D)JPEG

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Definitions:

Market Power

The ability of a firm or group of firms to influence the price of goods or services in a market.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something.

Perfectly Competitive Market

A market structure characterized by a large number of buyers and sellers, homogeneous products, and easy entry and exit, leading to price-taking behavior.

Variable Costs

Costs that vary directly with the level of output or business activity, such as materials and labor.