The Company Where Derek Works Has Tasked Him with Setting

question 2

Multiple Choice

The company where Derek works has tasked him with setting up and securing a SOHO router. He wants to make sure the wireless network is secure and that no unauthorized person can gain access to the network.
What is the first step Derek should perform to secure the wireless router?

• A) Disable SSID.
• B) Set encryption standard.
• C) Check radio power levels.
• D) Change default user name and password.

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Definitions:

Monopoly Power

The ability of a monopoly to dictate the terms of the market, including price and quantity of goods or services provided.

Free Entry

Free entry refers to a market condition where firms can enter the industry without facing any barriers or restrictions.

Long Run

Amount of time needed to make all production inputs variable.

Price Elasticity

A measure of the responsiveness of quantity demanded or supplied of a good to a change in its price, indicating how changes in price can affect consumption or production volumes.