Which of the Following Is True of the Term Internet

question 21

Multiple Choice

Which of the following is true of the term Internet backbone?

• A) It refers to high-speed data lines provided by many firms all across the world that interconnect and collectively form the core of the Internet.
• B) It refers to broadband service provided direct to a home or business using light-transmitting fiber-optic cables.
• C) It refers to the collection of standards used to support all Internet services.
• D) It refers to government-provided open spectrum that enables Internet use for all.
• E) It refers to a government-run system supported by telecommunication taxes, which connects end users to the Internet.

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Definitions:

Herfindahl Index

A measure of market concentration, calculated by summing the squares of the market shares of all firms in the industry.

Market Power

The ability of a firm or group of firms to influence the price or control the supply of a product or service in the market.

Herfindahl Index

A measure of market concentration used to evaluate the level of competition within an industry, calculated by summing the squares of each firm's market share.