Economics

question 51

Multiple Choice

Economics:

• A) exists because of scarcity.
• B) is not related to decision making.
• C) is the science of the rich.
• D) has nothing to do with the allocation of resources.

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Definitions:

Ethernet

A common local area network protocol.

WAN

Wide Area Network, a computer network that extends over a large geographical area, connecting multiple smaller networks such as local area networks (LANs).

POTS

Abbreviation for Plain Old Telephone Service, referring to the standard telephone service that has been the traditional form of residential and small business service connection to the telephone network.

Dial-Up

An internet connection technology that connects users to the internet through a standard telephone line at slow speeds.