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What Is Meant by Virtualization

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What is meant by Virtualization?


Definitions:

Expenditures Decline

A situation where the amount of money spent by individuals or entities decreases over a period of time.

Elastic Demand

A scenario where the quantity demanded of a product is highly sensitive to changes in its price.

Quantity Demanded

The total amount of a good or service consumers are willing and able to purchase at a specific price.

Total Revenue

The total income a company receives from selling its products or services before any expenses are subtracted.

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