The Network Standard for Connecting Desktop Computers into Local Area

question 75

Multiple Choice

The network standard for connecting desktop computers into local area networks that enabled the widespread adoption of client/server computing and local area networks and further stimulated the adoption of personal computers is

• A)TCP/IP.
• B)COBOL.
• C)Ethernet.
• D)ASCII.
• E)Linux.

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Definitions:

Variable Input

A production factor that can be adjusted in the short term to change the level of output, such as labor or raw materials.

Fixed Costs

Costs that do not change with the level of output produced by a firm, such as rent, salaries, and equipment costs.

Average Total Cost Curve

A graphical representation of the total cost per unit of output, calculated by dividing the total cost by the quantity of output produced.

Diminishing Marginal Returns

A principle stating that as more of a variable input is added to a fixed input, the additional output from each new unit of input will eventually decrease.