What Is a Protocol

question 29

Multiple Choice

What is a protocol?

• A)software that prevents direct communication between a sending and receiving computer and is used to monitor packets for security reasons
• B)a standard that specifies the format of data as well as the rules to be followed during transmission
• C)a simple network protocol that allows the transfer of files between two computers on the Internet
• D)a standard Internet protocol that provides the technical foundation for the public Internet as well as for large numbers of private networks.

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Definitions:

Returns To Scale

Refers to how the output of a production process changes as all input quantities are scaled up or down.

Marginal Products

The additional output that is produced by employing one more unit of a specific input, while keeping other inputs constant.

Exponents

mathematical operations denoting how many times a number, the base, is multiplied by itself.

Marginal Products

The increase in output resulting from a one-unit increase in the quantity of a single input, keeping others constant.