Jiao Jan Had Been the Web Master for Folding Squid

question 21

Multiple Choice

Jiao Jan had been the Web master for Folding Squid Technologies for only three months when he received an anonymous email that threatened to inundate the company Web site with access attempts unless a payment was wired to an account in Eastern Europe.Jiao was concerned that FST would suffer significant losses if the threat was genuine.The author of the email was engaged in

• A) a denial-of-service attack.
• B) Internet terrorism.
• C) hacking.
• D) cyber-extortion.

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machinery, and systems.

Production Possibilities Frontier

The production possibilities frontier (PPF) is a curve depicting all maximum output possibilities for two or more goods, given a set of inputs.

Opportunity Cost

The value of the next best alternative that is forgone as a result of making a particular choice.

Inputs

In economics, inputs are the resources used in the production of goods and services, such as labor, materials, and capital.