Which of the Following Protocols Is Commonly Used by LAN

question 71

Multiple Choice

Which of the following protocols is commonly used by LAN?

• A)IEEE 802.3
• B)DSL
• C)EVDO
• D)WiMax

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Definitions:

Consumer Surplus

The divergence between the aggregate amount consumers are willing and have the means to pay for a good or service, and what they truly pay.

Producer Surplus

The disparity between what sellers are ready to take for a product or service and the actual amount they get.

Minimum Imposed Price

A price floor set by the government or other regulatory body, above the equilibrium price, to prevent prices from falling too low.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing a measure of consumer satisfaction.