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_________ Enables Customers to Combine Basic Computing Services,such as Number

question 9

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_________ enables customers to combine basic computing services,such as number crunching and data storage,to build highly adaptable computer systems.


Definitions:

Game-Tree

A graphical representation of the possible moves in a game, showing the sequential nature of players' actions and choices.

Allocative Efficiency

A state of the economy where resources are distributed in a way that maximizes the net benefit to society, meaning that goods and services are produced and consumed at quantities where the marginal benefit equals marginal cost.

Oligopoly

A market structure characterized by a small number of firms that dominate the market, leading to limited competition and potentially higher prices for consumers.

Monopoly

A market structure characterized by a single seller, selling a unique product in the market without any close substitutes.

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