Equi Technologies Offers Cloud Computing Services to Several Data Centers

question 80

Multiple Choice

Equi Technologies offers cloud computing services to several data centers around the world. It hosts services in the cloud, which can be accessed by clients through Equibrowse-a Web browser designed by Equi Technologies. In the context of cloud computing services, it is evident that Equi Technologies provides _____.

• A) infrastructure as a service
• B) platform as a service
• C) software as a service
• D) backend as a service

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Definitions:

Consumer Surplus

The divergence between the total price consumers are prepared to pay for a good or service and the actual price paid.

Producer Surplus

The difference between the amount producers are willing to supply a good for and the actual amount received by them when they make the sale.

Consumer Surplus

The divergence between the expected payment by consumers for a product or service and the actual payment made.

Producer Surplus

The difference between the amount producers are willing and able to supply goods for versus the amount they actually receive due to market prices.