Although Cloud Backups Are Convenient, They Have Historically Been More

question 19

True/False

Although cloud backups are convenient, they have historically been more vulnerable to theft and damage than the backups kept in your home or business.

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Definitions:

Marginal Cost

The climb in cost associated with generating another unit of a product or service.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the quantity of output produced.

Marginal Cost

The cost of producing one additional unit of a product or service, which can change as the level of production varies.

Average Variable Cost

The total variable costs of production divided by the quantity of output, representing the per-unit variable cost.