Because of Greater Transmission Distances,WAN Transmission Speeds Are ________ LAN

question 32

Multiple Choice

Because of greater transmission distances,WAN transmission speeds are ________ LAN transmission speeds.

• A)faster than
• B)about the same as
• C)slower than

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Definitions:

Profit-maximizing

The process of adjusting the production and sale of goods and services to achieve the highest possible profit.

Marginal Product

The additional output gained by adding one more unit of a specific input, holding all other inputs constant.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a resource, such as labor or capital.

Variable Input

An input whose quantity can be changed in the short term by a firm to adjust the level of output.