_____________ Solutions Are Growing in Popularity with Organizations Because They

question 79

Short Answer

_____________ solutions are growing in popularity with organizations because they reduce the burden of deploying,provisioning,and updating software apps.

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Definitions:

Marginal Benefit Curve

A Marginal Benefit Curve represents the additional benefit that a consumer derives from consuming one more unit of a good or service, often decreasing as consumption increases.

Total Benefit

The total gain received from consuming a good or service, often evaluated in terms of satisfaction or utility.

Profit-Maximizing Principle

The concept that firms operate to achieve the highest profit possible, which involves setting output where marginal costs equal marginal revenues.

Marginal Analysis

An examination of the benefits and costs of one additional unit of production or consumption.