Examlex
Which of the following issues need to be taken into account when considering using a cloud computing solution to store personal information?
Marginal Benefit
Marginal benefit is the additional satisfaction or utility received by consuming one more unit of a good or service.
Marginal Cost
The cost attached to the production of one additional unit of a good or service.
Competitive Market
A competitive market is one where there are many buyers and sellers so that no single buyer or seller can influence the price or terms of products.
Efficient Outcomes
Are results in which resources are allocated in the most effective manner, often relating to maximized welfare or minimized waste.
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