What Is Cloud Computing

question 179

Multiple Choice

What is cloud computing?

• A)Built using environment friendly materials and designed to save energy
• B)Reuses or refurbishes ewaste and creates a new product
• C)A companies' acknowledged responsibility to society
• D)Stores, manages, and processes data and applications over the Internet rather than on a personal computer or server

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Definitions:

Elastic Demand Curve

Represents a situation where the quantity demanded of a good or service significantly changes in response to a change in price.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to purchase at various prices.

Monopolistic Competitor

A market structure where many firms sell products that are similar but not identical, thereby having some control over their prices.

Represent

To be a sign or symbol of something; or to act on behalf of someone or something in a legal or formal context.