You Can Use a Personal Storage Device, Such as ____

question 57

Multiple Choice

You can use a personal storage device, such as ____ , to back up your files.

• A) DVDs
• B) cloud drives
• C) firewalls
• D) tablets

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Definitions:

Perfect Substitutes

Two or more goods that can be used in place of one another with no loss of utility for the consumer, resulting in constant marginal rates of substitution.

Perfect Substitutes

Goods or services that can be used in exactly the same way and are interchangeable by consumers.

Coupons

Vouchers or codes offering a discount on the purchase price of goods or services.

Utility Function

A mathematical representation of how a set of choices maps to utility levels, indicating preferences over different bundles of goods or outcomes.