Table 16-2 the Following Table Shows the Total Output Produced by the by the Top

question 119

Multiple Choice

Table 16-2
The following table shows the total output produced by the top six firms as well as the total industry output for each industry.
-Refer to Table 16-2. What is the concentration ratio for Industry M?

• A)about 96%
• B)about 52%
• C)about 40%
• D)about 22%

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PaaS

Platform as a Service is a cloud computing model that provides customers with a platform allowing them to develop, run, and manage applications without the complexity of building and maintaining the infrastructure typically associated with developing and launching an app.

SaaS

Software as a Service (SaaS) is a software distribution model in which a third-party provider hosts applications and makes them available to customers over the Internet, eliminating the need for local installation.

Cloud Computing

A technology that provides users and companies with access to computing resources over the internet, including storage, servers, databases, networking, software, and more.

Efficiency

The measure of how effectively a process, system, or organization uses resources to achieve its objectives, often evaluated in terms of output per unit of input.