IPTV, Videoconferencing, Streaming Video, and IP Multicasting Belong to the Range

question 20

Multiple Choice

IPTV, videoconferencing, streaming video, and IP multicasting belong to the range of services known as ____.

• A) voice over IP
• B) data over IP
• C) video over IP
• D) Web over IP

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Definitions:

Marginal Productivity

The additional output resulting from the employment of one more unit of a factor of production, holding all other inputs constant.

Labor Supply Curves

The graphical representation of the relationship between the labor provided by employees and the wage rate.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen.

Leisure Time

Time available for ease and relaxation, where no work-related duties are expected, allowing for personal preferences in activities.