Local Area Networks (LANs) Are the Primary Networks Used by Desktops

question 28

Multiple Choice

Local area networks (LANs) are the primary networks used by desktops, servers, and network and other devices, and are used for:

• A) Information sharing.
• B) Resource sharing.
• C) Both A and B
• D) None of the above.

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Definitions:

Demand

The willingness and financial capacity of individuals to buy goods and services at certain price levels.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers equals the quantity supplied by producers, resulting in a stable market condition.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers over a range of prices.