The Most Basic Cloud Offering Is Platform as a Service

question 2

True/False

The most basic cloud offering is platform as a service (PaaS), which is the cloud hosting of a bare server computer or data storage.

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Definitions:

Slope

In mathematics and economics, this term refers to the steepness of a line on a graph, indicating the rate of change between variables represented on the axes.

Prices of Capital

The cost associated with obtaining capital goods, such as machinery and equipment used in production.

Prices of Labor

The wages or compensation provided to workers for their labor or services.

Isocost Line

A graph that shows all possible combinations of inputs that can be purchased with a given total cost.