When You Save a File to the Cloud,where Is It

question 13

Multiple Choice

When you save a file to the cloud,where is it stored?

• A) Flash drive
• B) Internal storage
• C) Remote server
• D) External storage

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Definitions:

Corrective Taxes

Taxes imposed to correct the market outcomes by accounting for externalities and bringing the social costs and benefits into balance.

Economic Efficiency

An economic state where every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.

Deadweight Losses

Losses in total surplus that occur when a market is not in competitive equilibrium, often due to taxes or subsidies.

Economic Efficiency

A situation where all resources are allocated in a way that maximizes the total benefit to society or minimizes waste.