What Are the Two Most Prevalent Types of Broadband Access

question 91

Multiple Choice

What are the two most prevalent types of broadband access?

• A)Data subscriber and cable connection
• B)Digital subscriber line and cable connection
• C)Digital line and client line
• D)Digital server and client server

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Definitions:

Market Power

The ability of a firm or group of firms to influence the price of a product or service in the market.

Substitution Effect

The economic principle referring to the change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute more expensive items with cheaper alternatives.

Product Rises

This term seems unclear or incomplete. If referring to a situation where the price or demand for a product increases, there is no single term that universally describes this scenario as "Product Rises." NO.

Income Effect

The change in consumption resulting from a change in real income, which can itself result from changes in wages or prices.