Once Example of the Trend Called the Internet of Things

question 72

True/False

Once example of the trend called the Internet of Things is if your refrigerator sends your phone a message that you need milk.

---

Definitions:

Variable Rate

An interest rate that can change over the duration of a loan, typically based on underlying benchmarks or indexes affecting the cost of lending.

LANs

Local Area Networks, a computer network that interconnects computers within a limited area such as a residence, school, or office building.

On-demand Self-service

On-demand self-service refers to the provision of services, resources, or information that can be accessed by users autonomously and immediately when needed, typically over the internet.

Elasticity

Elasticity refers to the economic concept describing the change in the behavior of buyers and sellers in response to a change in price or other factors.