Q16. What is the difference between a component and an application in Lightning?
a) A component is a building block of an application, while an application is a standalone entity that can be accessed by users.
b) A component is a standalone entity that can be accessed by users, while an application is a building block of a component.
c) A component is a server-side element, while an application is a client-side element.
d) A component is used for data storage, while an application is used for user interface design.