The Internet Is Based on Which Three Key Technologies

question 3

Multiple Choice

The Internet is based on which three key technologies?

• A)TCP/IP,HTML,and HTTP
• B)TCP/IP,HTTP,and packet switching
• C)client/server computing,packet switching,and the development of communications standards for linking networks and computers
• D)client/server computing,packet switching,and HTTP
• E)e-mail,instant messaging,and newsgroups

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Definitions:

Perfect Market

An idealized market where all participants have equal access to information, there are no transaction costs, and buyers and sellers are too numerous to affect prices.

Utility Function

An economic model that represents a consumer's preference ranking over a set of goods or outcomes, used to analyze choice and behavior.

Double-Time

A term typically used in payroll to describe a rate of pay that is twice the employee's normal wage rate, often applied to overtime work.

Utility Function

A mathematical representation in economics of a consumer's preference ranking over a set of goods or outcomes, used to analyze choices and behavior.