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The two frequency bands typically used by IEEE 802.11 wireless networks are located approximately at 900 MHz and 2.4 GHz.
Opportunity Cost
The cost of foregone alternatives, representing the benefits one could have received by taking a different decision.
Substitution Effect
The change in consumption patterns due to a change in relative prices, leading consumers to substitute one product for another.
Demand Curve
A curve showing the relation between the price of a good and the quantity consumers are willing and able to buy per period, other things constant.
Market Demand Curve
A graphical representation that depicts the total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.
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