The Least Expensive Network to Install Is a

question 36

Multiple Choice

The least expensive network to install is a

• A) WAN.
• B) LAN.
• C) CT scanner.
• D) MRI scanner.

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Definitions:

Marginal Cost

The elevation in aggregate expenditure triggered by the output of one supplementary unit of a good or service.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Sales Revenue

The total amount of money generated from the sale of goods or services before any costs or expenses are deducted.

Opportunity Cost

The expense incurred by not choosing the second-best option available during decision-making.