The Cisco ____ Model Does Not Describe How Communications Take

question 12

Multiple Choice

The Cisco ____ model does not describe how communications take place. Rather, it focuses on how best to design a network, especially a relatively large network or one that is expected to grow.

• A) Three-Layer Hierarchical
• B) Link-state
• C) Network state
• D) Three-way

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Definitions:

Marginal Revenue Curve

A graphical representation showing the change in total revenue that results from selling one additional unit of a good or service.

Profit Maximization Condition

The state or point at which a firm achieves the highest possible profit, often determined by the marginal cost equalling the marginal revenue.

Demand Curve

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

Price Taker

An entity in a market that has no control over the prices at which it buys or sells goods, typically because it is too small to influence market prices.