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A company is running a two-tier ecommerce application in one AWS account. The web server is deployed using an Amazon RDS for MySQL Multi-AZ DB instance. A Developer mistakenly deleted the database in the production environment. The database has been restored, but this resulted in hours of downtime and lost revenue. Which combination of changes in existing IAM policies should a Database Specialist make to prevent an error like this from happening in the future? (Choose three.)
Purely Competitive Market
A purely competitive market is characterized by many buyers and sellers, homogenous products, and no barriers to entry or exit, leading to price taking behavior by individuals.
Equilibrium
A state of balance where demand and supply in a market are equal, leading to a stable price.
Creative Destruction
A concept in economics that refers to the process by which new innovations trigger the demise of older technologies and economic structures, leading to economic evolution.
Dominant Firms
Companies that hold a significant share of market power in their industry, often able to influence market conditions and prices.
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