In a Telecommunications Network Architecture, a Protocol Is

question 49

Multiple Choice

In a telecommunications network architecture, a protocol is

• A) a device that handles the switching of voice and data in a local area network.
• B) a standard set of rules and procedures for control of communications in a network.
• C) a communications service for microcomputer users.
• D) the main computer in a telecommunications network.

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Definitions:

Consumer Surplus

The disjunction between the price consumers are prepared to shell out for a good or service and what they end up shelling out.

Deadweight Loss

An economic efficiency decrement occurs when there's a failure to achieve or inability to achieve an equilibrium for a particular good or service.

Market Distortion

An economic phenomenon where external factors lead to a deviation from the expected or efficient allocation of resources, often causing prices to be higher or lower than they would be in a free market.

Taxed

Subjected to a compulsory financial charge or levy by governmental organizations for the funding of state expenditures.