Which of the Following Is a Characteristic of Cloud-Based Hosting

question 1

Multiple Choice

Which of the following is a characteristic of cloud-based hosting?

• A)unknown cost structure
• B)full control of data location
• C)no obsolescence
• D)in-depth visibility of security

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Definitions:

Excess Burden

A measure of the economic loss that can occur when market behavior is distorted, often due to inefficient taxation or government policies.

Economic Activity

All actions that involve the production, distribution, and consumption of goods and services in an economy.

Tax Burden

The total amount of taxes that individuals or businesses must pay to the government.

Inelastic Demand

A market condition where the demand for a product does not change significantly with a change in its price.