A(n)_____connects Computers That Reside in a Single Geographic Location

question 107

Short Answer

A(n)_____connects computers that reside in a single geographic location.

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Definitions:

Economies of Scale

The cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale.

Diseconomies of Scale

The phenomenon where a firm's per unit costs increase as it increases production, typically due to inefficiencies.

Learning-By-Doing

Acquiring skills and efficiency in a task through direct experience or practice, often leading to reduced costs and improved performance over time.

Dominant Strategies

In game theory, a strategy that is best for a player in a game regardless of the strategies chosen by the other players.