A(n) ________ Address Is the Address That External Entities Use

question 26

Multiple Choice

A(n) ________ address is the address that external entities use when communicating with your network.

• A) ALU
• B) MAC
• C) WAP
• D) IP

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Definitions:

Lois's Consumer Surplus

Generally refers to a consumer surplus but appears to erroneously attribute it to an individual named Lois; consumer surplus is the difference between what consumers are willing to pay for a good or service versus what they actually pay.

Willingness to Pay

The maximum amount an individual is prepared to spend for acquiring a good or service, reflecting their valuation of the item.

Consuming Benefit

Consuming benefit pertains to the utility or satisfaction a consumer derives from purchasing and using a product or service.

Consumer Surplus

The disparity between the price consumers are inclined to pay and what they truly disburse for a good or service.