Which Statement Below Is Incorrect

question 69

Multiple Choice

Which statement below is incorrect?

• A)The semantic web captures, organises and disseminates knowledge (i.e. know-how) throughout an organisation
• B)The semantic web describes the relationships between things
• C)The semantic web describes the properties of things
• D)The semantic web is not about links between webpages

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Definitions:

Market Price

The existing cost at which one can buy or sell a service or asset.

Output

The total amount of goods or services produced by a company, industry, or economy within a specific period.

Kinked Market Supply

A theoretical market supply curve where firms face a discontinuous elasticity of demand at different prices, leading to price stability within a certain range.

Producer Surplus

The difference between what producers are willing to sell a product for and the actual price at which they sell it.