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Cloud Computing Is Likely to Enable Organizations to Obtain Elastic

question 55

True/False

Cloud computing is likely to enable organizations to obtain elastic resources at very low costs.


Definitions:

Equilibrium

A state where market supply and demand balance each other, and as a result, prices become stable.

Opportunity Cost

The expense associated with sacrificing the second-best choice in the decision-making process.

Dentist

A healthcare professional specializing in the diagnosis, prevention, and treatment of diseases and conditions of the oral cavity.

Leisure

Free time available to an individual after commitments to work, school, or other necessary activities, often used for rest, recreation, or other personal activities.

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