A Network That Covers Entire Geographical Regions Is Most Commonly

question 90

Multiple Choice

A network that covers entire geographical regions is most commonly referred to as a(n)

• A) local area network.
• B) intranet.
• C) peer-to-peer network.
• D) wide area network.

---

Definitions:

Transaction Costs

Expenses incurred when buying or selling goods and services, which can include fees, taxes, and other charges.

Internet

A global network connecting millions of computers, enabling the exchange of data, news, and opinions.

Transaction Costs

The expenses incurred when buying or selling goods or services, beyond the price of the goods.

Opportunity Cost

The value of the next best alternative forgone as the result of making a decision.