When Data Is Being Prepared for Transmission onto the Network

question 33

Multiple Choice

When data is being prepared for transmission onto the network, it is broken into small pieces and a header and trailer are added to each piece to help identify it. What is this process called?

• A) multitasking
• B) verification
• C) encapsulation
• D) application

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Definitions:

Efficiency Loss

Reductions in combined consumer and producer surplus caused by an underallocation or overallocation of resources to the production of a good or service. Also called deadweight loss.

Perfectly Inelastic

A situation where the demand or supply for a good or service remains unchanged regardless of changes in its price.

Excise Tax

Is a tax applied on the sale or production for sale of specific goods within a country.

Incidence

Refers to how the burden of a tax is distributed between buyers and sellers in the market.