Case 3 You Have Just Secured a New Job with a New

question 37

Multiple Choice

Case 3 You have just secured a new job with a new firm that has a lot of industrial secrets to protect, or else risk loss of their competitive advantage. Your role is to learn as much as possible about encryption so you can help the firm keep their initiatives confidential until they are released to the market. If as part of your work you are able to devise a 40-bit key to protect information, how long would it take a personal computer to crack this key?

• A) one week
• B) two weeks
• C) one month
• D) one year

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Definitions:

Gains From Trade

The increase in utility or welfare that countries or individuals can achieve by specializing in the production of goods they are relatively more efficient at and exchanging them.

Decisions At Margin

The process of making decisions based on the additional benefit or cost of one more unit of change rather than on a total or average outcome.

Spending

The amount of money paid out or expended, typically on items or services.

Factory Closes

This describes a situation where a manufacturing facility ceases operations, potentially due to economic, operational, or strategic decisions.