________ Cloud Services May Be Free or Offered on a Pay-Per-Usage

question 87

Multiple Choice

________ cloud services may be free or offered on a pay-per-usage model.

• A) Hybrid
• B) Private
• C) Public
• D) Vertical

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Definitions:

Marginal Cost

The financial outlay required to produce an additional product unit.

Socially Optimal

The socially optimal point is where the societal benefits of consuming a good or service equal the societal costs of producing it, leading to an efficient allocation of resources.

Marginal Benefit

The increase in utility or enjoyment an individual gets by consuming an additional unit of a good or service.

Marginal Cost

The extra expense associated with creating an additional unit of a product or service.