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Fault-Tolerant Systems Are Typically Based on the Concept Of

question 21

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Fault-tolerant systems are typically based on the concept of:


Definitions:

Socially Optimal

A condition or point at which the welfare of a society reaches its highest possible level, considering all factors and resources.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded.

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity of that good that suppliers are willing and able to provide.

Market

A system or an arena where parties engage in exchange of goods, services, or information.

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