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A customer recently lost data because it was accidentally deleted. The customer calls a technician and asks to have a Windows backup solution installed. The customer needs to ensure all company data is backed up and quickly recoverable every time a change is made. Which of the following solutions would the technician MOST likely recommend? (Choose two.)
Elastic
Describes a situation where the quantity demanded or supplied of a good is sensitive to changes in price.
Short Run
A period in economics during which the quantity of at least one input (such as plant size) is fixed and cannot be changed.
Long Run
A period in economics sufficient for all markets to adjust to equilibrium, including the adjustment of all production factors and prices of inputs.
Cross-Price Elasticity
A measure of how the demand for one good changes in response to a change in the price of another good.
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