The Telephone Network Consists of Two Basic Types of Telephone

question 36

Multiple Choice

The telephone network consists of two basic types of telephone lines: a subscriber loop,or standard telephone line,and a ____.

• A) trunk
• B) CIR
• C) LATA
• D) SONET

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Definitions:

Cost-Plus Pricing

A pricing strategy where the selling price is determined by adding a specific markup to a product's unit cost.

Mark-Up Percentage

A fraction applied to the original purchase price to encompass both overhead expenses and profit.

Material Charge

The cost associated with acquiring materials that are directly used in the production of goods or services.

Direct Cost

Costs that are directly attributable to the production of goods or services, such as labor and materials.