Ethernet Standards Are Specified at the ________ Layer

question 23

Multiple Choice

Ethernet standards are specified at the ________ layer.

• A) Internet
• B) transport
• C) both A and B
• D) neither A nor B

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Definitions:

Comparative Advantage

The skill of any individual, enterprise, or country in producing a certain good or service with a lesser opportunity cost than that of their competitors.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing an action.

Production Possibilities

The various combinations of goods and services that can be produced in an economy with a given set of resources and technology.

Absolute Advantage

A situation where a producer can produce more goods using the same amount of resources or less than other producers.