_____ Refer to a Cloud Computing-Base Data Management Service That

question 51

Short Answer

_____ refer to a cloud computing-base data management service that provides relational data storage, access, and management to companies of all sizes without the typical high costs of in house hardware, software, infrastructure, and personnel.

---

Definitions:

Market Equilibrium

A condition where supply equals demand, and the market price becomes stable.

Competitive Industry

An industry characterized by numerous competitors, where businesses vie for market share by offering unique products, prices, or services.

Market Demand

The overall sum of a particular good or service that consumers in a marketplace are prepared and able to buy across a range of prices.

Market Equilibrium

A situation in a market where the quantity of a product demanded by consumers equals the quantity supplied by producers, leading to a stable price.