Grid Computing ____

question 43

Multiple Choice

Grid computing ____.

• A) often is used in research environments
• B) involves charging for the use of a grid based on processing time
• C) combines many servers and/or personal computers on a network
• D) all of the above

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Definitions:

Average Total Costs

The total cost of production (fixed plus variable costs) divided by the total quantity of output, indicating the cost per unit of output.

Variable Costs

Costs that change in proportion to the level of output or activity.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Economic Profits

Profits exceeding the total opportunity costs of a business, indicating it is outperforming its next best alternative.