The Internet Is a Network of Networks, Consisting of Hundreds

question 38

True/False

The Internet is a network of networks, consisting of hundreds of thousands of smaller networks operating under a common set of protocols so that they can communicate with each other.

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Definitions:

Mark-up

An augmentation in goods’ cost designed to encompass operational overheads and deliver profit.

Sale Price

The final price at which an item or service is sold, often after discounts are applied.

Operating Expenses

Costs associated with the day-to-day functions of a business, excluding the cost of goods sold, including expenses like rent, utilities, and payroll.

Mark-up

The upcharge on the cost of merchandise to accommodate overhead expenses and profitability.