Community Cloud Includes Two or More Private, Public, or Community

question 37

True/False

Community cloud includes two or more private, public, or community clouds, but each cloud remains separate and is only linked by technology that enables data and application portability.

---

Definitions:

AFC

In economic terms, typically stands for Average Fixed Cost, which is the fixed costs of production divided by the quantity of output produced.

ATC

Average total cost, which is the total cost of production divided by the quantity of output produced, encompassing both fixed and variable costs.

Economies Of Scale

Companies achieve cost benefits when their production processes become more efficient, leading to a decrease in the per-unit cost as the scale of production grows.

Pin Factory

An example used by Adam Smith to illustrate how division of labor increases productivity.