A __________ Cipher Processes the Input One Block of Elements

question 20

Short Answer

A __________ cipher processes the input one block of elements at a time, producing an output block for each input block, whereas a stream cipher processes the input
elements continuously, producing output one element at a time.

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Definitions:

Wage

The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee for their labor.

Marginal Revenue Product Curve

A curve showing the additional revenue a firm earns by employing one additional unit of input, holding other factors constant.

Competitive Seller

A seller in a competitive market who takes the market price as given and whose output decision does not affect the market price.

Monopolist

An individual or entity that is the sole provider of a particular product or service in the market, giving them the power to influence price and market conditions.