Risks Associated with Cloud Computing Include All of the Following

question 14

Multiple Choice

Risks associated with cloud computing include all of the following EXCEPT:

• A) Increased dependency on third-party suppliers
• B) Security
• C) Lack of standards for virtual infrastructures
• D) Retooling existing applications to move to the cloud
• E) Scalability

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Definitions:

Deadweight Loss

Deadweight Loss is the loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved, often due to market distortions like taxes or subsidies.

Single-Price Monopolist

A monopolist that charges all consumers the same price for its product or service.

Price Discrimination

The approach of pricing the identical product variably for different consumer segments, according to their readiness to spend.

Monopoly Profits

Extraordinary profits earned by a monopoly due to its unique position of having no competition in providing its goods or services, allowing it to set higher prices.