A University Is Running a DNA Decoding Project That Will

question 86

Multiple Choice

A university is running a DNA decoding project that will take seven years if it runs on its current internal mainframe. The university negotiated a deal with a large cloud provider, which will donate its cloud resource to process the DNA decoding during the low peak time throughout the world. Which of the following is the MOST important resource the university should ask the cloud provider to donate?

• A) A large storage for the DNA decoding results
• B) A larger pipe to transfer the results
• C) A closer datacenter to the university
• D) Any available compute resource

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Definitions:

Perfectly Competitive

A market structure characterized by a large number of small firms, a homogeneous product, perfect information, and free entry and exit.

Elastic

A term used to describe a good's demand sensitivity to changes in price; highly elastic means demand changes significantly with price changes.

Industry Output

The total production of goods and services produced by an industry within a specific period.

Long-run Cost Function

The relationship between output quantity and total cost when all inputs, particularly capital, can be varied to minimize cost.