Examlex
In an effort to reduce data storage requirements, some company devices to hash every file and eliminate duplicates. The data processing routines are time sensitive so the hashing algorithm is fast and supported on a wide range of systems. Which of the following algorithms is BEST suited for this purpose?
Consumer Surplus
The difference between the total amount that consumers are willing to pay for a good or service and the total amount that they actually pay.
Priced At
The specified cost at which a good or service is offered for sale in the market.
Surplus
The amount by which the quantity supplied of a product exceeds the quantity demanded at a specific (above-equilibrium) price.
Consumer Surplus
The gap between what consumers are prepared and capable of paying for a product or service and the actual amount they end up paying.
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