Multi-Tenancy in the Cloud Means That a Single Instance of a System

question 95

True/False

Multi-tenancy in the cloud means that a single instance of a system serves multiple customers. In the cloud, each customer is called a tenant and multiple tenants can access the same system.

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Definitions:

Indifference Map

A graphical representation that shows different combinations of goods between which a consumer is indifferent.

Budget Lines

A visual representation showcasing every potential pairing of two products that a consumer is able to purchase, considering their budget and the costs of these items.

Utility

In economics, utility refers to the total satisfaction received from consuming a good or service.

Diminishing Marginal Utility

The principle that as a person increases consumption of a product, there is a decline in the additional satisfaction or utility that person gains from consuming one more unit of the product.