Many Companies Use a Public Cloud Computing Model for Software

question 16

Multiple Choice

Many companies use a public cloud computing model for software, data storage or both.Which of the following is an advantage to the public cloud computing model?

• A)Expanded access
• B)Cost savings
• C)Scalability
• D)All of the above are advantages

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Definitions:

Fully Employed

A situation in which all available labor resources are being used in the most economically efficient way.

Production Possibilities Frontier

Represents the maximum potential output of two goods or services an economy can produce when all resources are used efficiently, graphically illustrating opportunity costs and economic efficiency.

Outputs

The goods or services produced by a company or an economy over a certain period of time.

Increasing Opportunity Costs

A principle stating that as the production of a good increases, the opportunity cost of producing an additional unit of this good also increases.