There Are Three Types of Cloud Computing: Private Clouds, Public

question 52

True/False

There are three types of cloud computing: private clouds, public clouds, and hybrid clouds.

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Definitions:

Cross-Elasticity Data

Information that measures how the quantity demanded of one good changes in response to a price change of another good.

Product Variant

A version of a product that differs in certain characteristics from other versions in the same product line.

Product Type

Categories into which goods or services are grouped based on similar characteristics, functions, or intended uses by consumers.

Market Definition

The process of outlining the boundaries of a market including its scope, products, and services, to understand the competitive landscape.