What Is the World Wide Web Consortium

question 51

Multiple Choice

What is the World Wide Web Consortium?

• A) A markup language that delivers everything from animation to graphics and music to movies.
• B) An international community that develops open standards to ensure the long-term growth of the web.
• C) A nonprofit organization that has assumed the responsibility for Internet Protocol (IP) address space allocation, protocol parameter assignment, and domain name system management.
• D) The Internet protocol web browsers use to request and display web pages using universal resource locators.

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Definitions:

Consumer Choice

The range of preferences and decisions consumers face regarding the use of products, influenced by income, price, tastes, and preferences.

Demand for Product

The quantity of a good or service that consumers are willing and able to purchase at various prices during a specified period.

Budget Constraint

An economic framework representing the combinations of goods and services an individual can purchase, given their income and the prices of those goods and services.

Indifference Curve

A graphical representation showing combinations of goods between which a consumer is indifferent, implying equal utility.