A ________ Is a Network Where the Nodes Are in Close

question 26

Multiple Choice

A ________ is a network where the nodes are in close physical proximity to each other.

• A)wide area network
• B)satellite system
• C)local area network
• D)cable system

---

Definitions:

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise.

Fixed Salary

A consistent set amount of pay received by an employee, typically on a monthly or bi-monthly basis, regardless of hours worked.

Business Risk

The potential for a company to experience losses or fail to achieve its financial goals due to economic conditions, operational issues, or other unforeseen factors.

Economic Profit

The total revenue a firm earns minus both its explicit and implicit costs, representing surplus value created from production.