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In A(n)________ Computing Model, Companies Use Their Own Infrastructure for Essential

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In a(n) ________ computing model, companies use their own infrastructure for essential computing tasks and adopt public cloud computing for less critical operations or additional processing during peak business periods.


Definitions:

Perfectly Competitive Industry

A market structure where there are many buyers and sellers, products are identical, and there is free entry and exit from the market.

Identical Products

Products that are exactly the same in every aspect, including quality, size, and features, making them perfectly substitutable for one another.

Perfectly Elastic Demand

A market situation where demand for a product is infinitely responsive to changes in price, depicted by a horizontal demand curve.

Cherry Sno-Cones

A flavored shaved ice treat, typically dyed red and flavored to taste like cherry.

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