The Backup Plan Where Hardware, Software, and Data Are Duplicated

question 57

True/False

The backup plan where hardware, software, and data are duplicated so that when one set is inoperable, the backup set can continue the processing is called redundancy.

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Definitions:

Shutdown Point

The level of operation at which a business or economic activity is no longer profitable and should cease operations for financial reasons.

MC Curve

Refers to the Marginal Cost curve, which depicts the increase in total cost that results from producing one more unit of a good.

ATC Curve

The Average Total Cost curve, a graph that represents the cost per unit of output when all costs (variable and fixed) are considered.

Break-Even Point

The production level at which total revenues equal total expenses, resulting in neither a profit nor a loss.