Select two benefits of using private IPv4 addressing. (Choose two.)

Private IPv4 addressing, combined with Network Address Translation (NAT), helps conserve public IPv4 addresses by allowing multiple devices on a private network to share a single public IP address when accessing the internet. This significantly alleviates the shortage of public IPv4 addresses. Additionally, devices with private IP addresses are not directly reachable from the public internet, as NAT acts as a barrier, effectively providing an additional layer of protection against direct attacks and unsolicited connections from external threats. "Allow IoT devices direct Internet access" is incorrect because private IP addresses prevent direct internet access; NAT is required. "Supply redundancy in case of device failure" is incorrect as private IP addressing does not inherently provide redundancy. "Offer Internet connectivity to endpoints on private networks" is incorrect because while private IPs are used on private networks, NAT is what enables internet connectivity for those endpoints.