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In a packet-switched network,data is divided into small data packets for more efficient communication.
Budget Line
A graphical representation of all possible combinations of two goods that can be purchased with a given budget at set prices.
Price Of Scone
The amount of money charged for a single scone, determined by factors like production costs, demand, and supply.
Rises
Rises refers to an increase or upward movement in quantity, value, or level of a given entity or phenomena.
Opportunity Cost
The cost of missing out on the second-best choice when making a decision.
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