Which of the Following Statements Is True About Cloud Computing

question 83

Multiple Choice

Which of the following statements is true about cloud computing?

• A) It is yet to be adopted on a large scale as it is expensive.
• B) It enables many different organizations to use the same physical hardware
• C) It is the leasing out of a fixed amount of server time and resources.
• D) It has a negative impact on cloud vendors as they do not benefit from economies of scale.

Identify the characteristics and outcomes of the long-run equilibrium in monopolistic competition, such as breaking even and operating below peak efficiency.

Recognize the impact of entry and exit of firms in monopolistic competition on profits and market dynamics.

Analyze the role of product differentiation in monopolistic competition, including the basis for differentiation and its impact on consumer choice.

Understand the concept of elasticity of demand for monopolistically competitive firms and its implications.

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Definitions:

Earnings Rate

The rate at which an individual or corporation is taxed or the speed at which an investment grows.

Present Value Index

A ratio used in capital budgeting to evaluate the profitability of investments by comparing the present value of future cash flows to the initial investment cost.

Compound Interest

Interest that is computed on both the initial amount of the deposit or loan and on the interest that has been added to that principal over past periods.

Desired Rate of Return

The minimum percentage return an investor expects to achieve by investing in a particular asset.