Your Local ISP Has Provided You with a Dedicated Line

question 11

Multiple Choice

Your local ISP has provided you with a dedicated line that has a Committed Information Rate of 1.54 Mbps. What does this mean?

• A) 1.54 Mbps is the highest amount of bandwidth the link can use.
• B) 1.54 Mbps is available for burst network traffic only.
• C) 1.54 Mbps is the guaranteed minimum transmission rate.
• D) The dedicated line is using X.25.

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Definitions:

Surplus

A situation where the quantity supplied of a good exceeds the quantity demanded, often leading to a decrease in prices.

Market

A market is a venue where buyers and sellers meet to exchange goods, services, or financial instruments. It can be physical or virtual.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged for a product, service, or commodity, aimed at protecting consumers from excessive prices.

Legal Maximum

A legally established upper limit on the price that can be charged for a good or service.