When working with images it is important to understand the different extension types which describes bitmant raster?

The question above does not have multiple choices. However, the best answer to this question is;

Raster or bitmap images are pixels represented in a rectangular grid and have a fixed resolution that cannot be resized. Reason behind this analogy in very simple terms is that each pixel is a “bit” of color information displayed on a screen. They are more common in general formats such as gif, jpg, png, and are heavily used on the web.

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