Which of the Following Is an Example of a Network

question 29

Multiple Choice

Which of the following is an example of a network?

• A) Wireless telephone service
• B) Railroads
• C) Internet
• D) All of the examples associated with this question are networks.

---

Definitions:

Variable Costs

Expenses that vary directly with the level of production or sales volume.

Production

Use of resources, such as people and machinery, to convert materials into finished goods and services.

Inflexible

Lacking the ability to adapt or change according to different situations, conditions, or demands; rigid in approach or structure.

Skimming Pricing

A pricing strategy where a new product is priced high initially to maximize profits from customers willing to pay more, before lowering the price over time.