Match Each Term with the Correct Statement Below.

question 30

Multiple Choice

Match each term with the correct statement below.
-A computer or other device,such as a router,that allows a computer on one network to communicate with a computer on another network

• A)WLAN
• B)Broadband
• C)Bandwidth
• D)MAN
• E)PAN
• F)Data throughput
• G)WAN
• H)LAN
• I)Gateway

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Definitions:

Price Falls

A situation where the market price of a good or service decreases.

Total Revenue

The gross income a company generates from selling products or offering services, before deducting any costs.

Price Rises

Occurs when the cost of goods or services increases over a period of time, influenced by factors like inflation, supply and demand imbalances, or increased production costs.

Demand Is Elastic

A condition where the quantity demanded of a good or service is sensitive to changes in its price, illustrating a greater than proportional response.