Hyo Runs an Ice Cream Store with Her Family

question 38

Multiple Choice

Hyo runs an ice cream store with her family. Which of the following cloud computing services would make the most sense for the business?

• A) Infrastructure-as-a-service model
• B) Platform-as-a-service model
• C) Software-as-a-service model
• D) SOAP model

---

Definitions:

Markdown

A reduction from the original selling price of goods or services to increase their attractiveness to buyers.

Monopsony Power

The market power held by a single buyer, allowing them to dictate prices to sellers due to a lack of competition.

Monopoly Power

The ability of a monopolist to significantly control market price and exclude competitors by owning a majority of the market share.

Demand Function

A mathematical relationship expressing the quantity of an item demanded at various prices.