According to the OSI Reference Model, Layer 2 LAN Switch

question 614

Multiple Choice

According to the OSI reference model, Layer 2 LAN switch operates at Q.

• A) physical layer
• B) data link layer
• C) network layer
• D) application layer

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Definitions:

Economies Of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Monopolist

A solo seller in a market who has significant control over the pricing and availability of a unique product or service.

Profit-Maximizes

The method or approach of modifying production and pricing to secure the maximum achievable profit.

Barriers To Entry

Obstacles that make it difficult for new competitors to enter a market, protecting existing firms from new entrants.