What Is a Telecommunications System

question 44

Multiple Choice

What is a telecommunications system?

• A) Enables the transmission of data over public or private networks
• B) A communications, data exchange, and resource-sharing system created by linking two or more computers and establishing standards, or protocols, so that they can work together
• C) Any network without a central file server and in which all computers in the network have access to the public files located on all other workstations
• D) A computer that is designed to request information from a server

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Definitions:

Consumer Surplus

Consumer surplus is the difference between the highest price a consumer is willing to pay for a good or service and the actual price they pay.

Capture

The act of gaining control or possession of something, often referring to market share or resources.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded by consumers at those prices.

Social Media Channels

Platforms that enable users to share content, communicate, and collaborate online.