Unfair competitive advantages occur when: A) one competitor ...

[Sufayan.ah]

Unfair competitive advantages occur when:
 
  A) one competitor has an advantage others cannot purchase.
  B) market middlemen are displaced.
  C) information is equally distributed and transaction costs are low.
  D) firms are able to gather monopoly profits.

Question 2

Identify and describe the types of ISP service, along with the Internet connection methods, in use today.
 
  What will be an ideal response?

[olderstudent]

Answer to Question 1

A

Answer to Question 2

There are two types of ISP service: narrowband and broadband. Narrowband service is the traditional telephone modem connection now operating at 56.6 Kbps (although the actual throughput hovers around 30 Kbps due to line noise that causes extensive resending of packets). This used to be the most common form of connection worldwide but has been replaced by broadband connections in most of the United States, Europe, and Asia.

Broadband service is based on DSL, cable modem, telephone (T1 and T3 lines), and satellite technologies. Broadband  in the context of Internet service  refers to any communication technology that permits clients to play streaming audio and video files at acceptable speeds  generally anything above .5 Mbps.

Digital Subscriber Line (DSL) service is a telephone technology for delivering high-speed access to the Internet through ordinary telephone lines found in a home or business. Cable Internet refers to a cable television technology that piggybacks digital access to the Internet using the same analog or digital video cable providing television signals to a home. T1 and T3 are international telephone standards for digital communication. These are leased, dedicated, guaranteed lines suitable for corporations, government agencies, and businesses such as ISPs requiring high-speed guaranteed service levels. Additionally, some satellite companies offer high-speed broadband Internet access primarily to homes and offices located in rural areas where DSL or cable Internet access is not available. Access speeds and monthly costs are comparable to DSL and cable.