Examlex

Solved

When You Store Your Data and / or Programs on an Internet

question 82

Short Answer

When you store your data and / or programs on an Internet server,you are storing them in the _________.


Definitions:

Downward-Sloping Demand

A concept in economics that illustrates how the quantity demanded of a good decreases as its price increases, assuming all other factors remain constant.

Monopolistic Competitor

A market structure in which many firms sell products that are similar but not identical, allowing for competition on factors other than price.

Price Control

Government-imposed limits on the prices charged for goods and services in a market, aimed at maintaining affordability or preventing inflation.

Long-Run Equilibrium

A state in economics where all firms and consumers have fully adjusted to all changes in the market, resulting in the optimal distribution of resources in the long term.

Related Questions