Under Which of the Following Layers of the OSI Model

question 141

Multiple Choice

Under which of the following layers of the OSI model do ATM cells operate?

• A) Data link
• B) Network
• C) Session
• D) Transport
• E) Presentation

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Definitions:

Rational Bidders

Individuals who participate in auctions or bidding processes and make decisions based on maximizing their utility.

Common-Value Auction

In a common-value auction, all bidders have the same valuation for the auctioned item, but they may have different information about the item's actual value.

Private-Value Auction

An auction in which the value of the item being bid on is subjective and differs for each bidder, based on their private evaluation.

Dutch Auction

A market structure where the price of an item is lowered until it meets a bid, opposite of the traditional auction format where prices ascend.