Which Type of Communication Protocol Converts Data into Standard Formats

question 47

Multiple Choice

Which type of communication protocol converts data into standard formats that can be used by applications?

• A) Physical
• B) Transport
• C) Arrival
• D) None of the above

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Definitions:

Money Income

Money Income is the total amount of monetary earnings received by an individual or household, including wages, salaries, benefits, and other income sources, over a specific period of time.

Price

The sum of money that is anticipated, demanded, or paid in exchange for something, representing the value of goods or services in financial terms.

Indifference Curves

represent combinations of two goods that provide the same level of utility or satisfaction to a consumer, illustrating their preferences.

Budget Constraints

The limitations on the consumption bundles that a consumer can afford given their income and the prices of goods and services.