Steve Has a Web Image That He Thought Needed to Be

question 99

Multiple Choice

Steve has a Web image that he thought needed to be transparent but now he realizes it does not. What format do you tell him is now available to him that was not before?

• A) GIF
• B) PNG
• C) JPEG
• D) TIFF

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Definitions:

Quota Rent

Revenue earned by the holder of a production or import quota, representing the market price minus the supply price under the quota limit.

Missed Opportunity

The failure to seize potential benefits due to lack of action or decision in a timely manner.

Government Quota

A limit set by a government on the amount or value of a good that can be imported or exported over a specified period.

Supply Price

The price of a given quantity at which producers will supply that quantity.