Computers Communicating on a Network Must Follow a _____, a Common

question 352

Multiple Choice

Computers communicating on a network must follow a _____, a common set of rules for exchanging information.

• A) standard
• B) protocol
• C) syntax
• D) topology

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Definitions:

Pure Competition

A market structure characterized by a large number of sellers and buyers, homogeneous products, and the ease of entering and exiting the market.

Product Differentiation

The process of distinguishing a product or service from others, to make it more attractive to a particular target market.

Monopolistically Competitive

A market structure characterized by many sellers offering differentiated products, allowing for some degree of market power.

Costs and Benefits

Refers to the analysis or evaluation of the negative and positive effects or outcomes of a decision, action, or policy.