Each Networked Computer in a House Can ____

question 155

Multiple Choice

Each networked computer in a house can ____.

• A) share a single high-speed Internet connection
• B) access files and programs on other computers in the house
• C) share peripherals such as a printer, scanner, external hard disk, or DVD drive
• D) all of the above

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Definitions:

Consumer Surplus

The gap in the total amount consumers are willing to invest in a product or service and the amount they end up paying.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, measuring their benefit.

Total Surplus

The sum of consumer surplus and producer surplus, representing the total benefit to society from the production and consumption of a good or service.

Tax

A financial charge or levy imposed by a government on individuals, corporations, or transactions to fund public expenditures.