-The Equilibrium Price in the Above Figure Is

question 391

Multiple Choice

-The equilibrium price in the above figure is

• A) $2.
• B) $4.
• C) $6.
• D) $8.

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Definitions:

Internet Protocol

The Internet Protocol (IP) is a set of rules governing the format of data sent over the Internet or other networks, essentially facilitating the addressing and routing of packets to their destinations.

Network Interface

A boundary or point of interaction between a computer and a network, including both hardware and software components.

TCP/IP Layer

A set of protocols governing communications among all computers on the Internet. It has four abstraction layers defined by the Transmission Control Protocol and the Internet Protocol.

Ethernet

A technology for connecting devices in a wired local area network (LAN) enabling the transmission of data over a physical cable.