The Use of Virtual Circuits ________

question 80

Multiple Choice

The use of virtual circuits ________.

• A)reduces costs
• B)improves reliability
• C)both A and B
• D)neither A nor B

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Definitions:

Pareto Optimal

A state of allocation of resources in which it is impossible to make any individual or preference criterion better off without making at least one individual or criterion worse off.

Marginal Rates

The additional cost or benefit gained from a small or marginal change in production, consumption, or investment.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of most living organisms.

Distribution

The process of making a product or service available to consumers through a supply chain and marketing channels.