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In Which Layer Does Ethernet Operate

question 11

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In which layer does Ethernet operate?


Definitions:

Equilibrium Quantity

is the quantity of goods or services supplied and demanded at the equilibrium price, where market demand equals market supply.

Price Floor

A price floor is a government-imposed limit on how low a price can be charged for a commodity, typically implemented to protect producers' income.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Quantity Demanded

The specific amount of a good or service that consumers are willing to buy at a given price.

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