Examlex
Servers that have a NOS installed require less memory, processing power, and storage capacity than clients because servers are called on to handle only light processing loads and requests from multiple clients.
Income Effect
The change in an individual's consumption patterns due to a change in their real income, typically following a price change of goods.
Indifference Curve
A graph showing a combination of two goods that give a consumer equal satisfaction and utility, representing preferences without implying greater or lesser utility.
Convex
A shape that curves outward, or a mathematical concept that implies a set or function that holds certain properties related to this outward curvature.
Concave
A shape or curve that curves inward, resembling the inner surface of a sphere or circle, often used in mathematics and economics.
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