A __________ Frame Is a Recognizable Frame That Arrives,but Some

question 19

Short Answer

A __________ frame is a recognizable frame that arrives,but some of the bits have been altered during transmission.

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Definitions:

Opportunity Costs

The value of the best alternative foregone when a decision is made to pursue a particular action, essentially the cost of choosing one option over another.

Implicit Costs

The opportunity costs of using resources owned by the firm for its own production, instead of earning income elsewhere.

Explicit Costs

Direct, out-of-pocket payments made for the operation of a business, such as wages, rent, and materials.