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Enter Public or Private in the Space Below

question 166

Short Answer

Enter public or private in the space below:
_________ cloud promotes massive,global,industry-wide applications offered to the general public.In a public cloud customers are never required to provision,manage,upgrade,or replace hardware or software.


Definitions:

Breaking Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain for a business.

Monopolistic Competitor

A firm in a market structure where many companies sell products that are similar but not identical, allowing for some control over prices.

Monopolistic Competitors

Companies in a market where many sellers offer products that are similar but not identical, giving each some degree of market power.

Small Companies

Businesses with a smaller scale of operations, employee base, and market presence, often characterized by lower revenues than larger corporations.

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