Critical Thinking Questions Case 10-1 You Have Taken a New

question 97

Multiple Choice

Critical Thinking Questions Case 10-1 You have taken a new job as a network administrator. Although you have been an IT professional within your organization for a number of years, this particular responsibility is a new one for you, so you have been studying network topologies, for example. You are very confident about the hub you are going to use in your new network - it is brand new and highly recommended by some colleagues that you trust. Which of the following network topologies is a good choice for you?

• A) star
• B) intranet
• C) ring
• D) bus

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing and able to purchase at various prices.

Elasticity

A measure of how much the quantity demanded or supplied of a good responds to a change in one of its determinants, such as price.

Inferior Goods

Goods for which demand decreases as the income of the consumer increases, opposite to normal goods.

Normal Goods

Goods for which demand increases as the income of consumers increases, and vice versa, holding all other factors constant.