Examlex
With _____ computing,users can make use of other computers' resources to solve problems involving large-scale,complex calculations,such as circuit analysis or mechanical design-problems that a single computer is not capable of solving in a timely manner.
Commodity
A basic good used in commerce that is interchangeable with other goods of the same type; commodities are often used as inputs in the production of other goods or services.
Comparative Advantage
The competency of a country, individual, corporation, or region to manufacture a good or provide a service at a reduced opportunity cost than that of its competition.
Relative Efficiency
A measure of how effectively an entity (such as a firm or economy) utilizes its resources compared to another, often used to identify opportunities for improvement.
Absolute Efficiency
A state where resources are allocated in the most effective way possible, achieving maximum output with given inputs.
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