__________ Is When Each Plaintext Element or Group of Elements

question 8

Multiple Choice

__________ is when each plaintext element or group of elements is uniquely replaced by a corresponding ciphertext element or group of elements.

• A)Substitution
• B)Diffusion
• C)Streaming
• D)Permutation

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Definitions:

Shortage

A situation where the demand for a product or service exceeds its supply in a market.

Binding Price Floor

A government-imposed price control or limit that sets a minimum price for a good or service, above the equilibrium price, causing a surplus in the market.

Quantity Supplied

The amount of a good or service that producers are willing to sell at a given price over a certain period of time.

Quantity Demanded

The overall volume of a good or service that customers are ready and financially able to acquire at a certain price point.