Critical Thinking Questions Case 2-2

question 135

Multiple Choice

Critical Thinking Questions
Case 2-2
You have just started an internship on a graphic design team and you are learning about graphic formats used on the web.
-Which of the following is true?

• A) The BMP format is an electronic image format by Adobe Systems that mirrors the appearance of an original document.
• B) The GIF format is good for photos used in the printing industry.
• C) The TIFF format is good for desktop backgrounds.
• D) The PNG format is good for comic-style drawings and line art.

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Definitions:

Output

The total amount of goods or services produced by an individual, company, or economy.

Different Prices

A situation where a seller charges varying prices for the same product or service, often based on factors such as customer location, purchase volume, or demand elasticity.

Monopolistically Competitive

Refers to a market structure where many companies sell products that are similar but not identical, allowing for some degree of market power and product differentiation.

Minimizes Average Costs

Refers to the strategy or condition in which a firm operates at the lowest possible cost per unit, optimizing efficiency.