What Is Packet-Switching

question 13

Multiple Choice

What is packet-switching?

• A)the occurrence when the sending computer divides a message into a number of efficiently sized units called packets, each of which contains the address of the destination computer
• B)an intelligent connecting device that examines each packet of data it receives and then decides which way to send it onward toward its destination
• C)a reference to the geometric arrangement of the actual physical organization of the computers and other network devices in a network
• D)a model for applications in which the bulk of the back-end processing, such as performing a physical search of a database, takes place on a server, while the front-end processing, which involves communicating with the users, is handled by the clients

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Definitions:

Initial Endowment

The initial quantity of goods, services, or resources an individual, firm, or economy possesses.

Pareto Efficient

A state of allocation where it is impossible to make any one individual better off without making at least one individual worse off.

Utility Function

A mathematical representation that ranks the preferences of an individual consumer for different bundles of goods.

Initial Endowment

The original allocation of resources, including assets and goods, available to an individual or entity at the start of an economic analysis.