What Is a File Transfer Protocol (FTP)

question 118

Multiple Choice

What is a file transfer protocol (FTP) ?

• 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

---

Definitions:

AVC Curve

The Average Variable Cost curve represents how the variable cost per unit of output changes with the quantity produced.

ATC Curve

The Average Total Cost curve, representing the per unit cost of production (fixed and variable costs combined) at different levels of output.

Break-even Point

The level of production at which total revenues equal total expenses, resulting in no profit or loss.

Shutdown Point

The level of production and price point at which a company's revenue from goods sold is equal to the variable cost of production, making operations financially unsustainable in the short term.