_____ Refers to a Form of Cloud Computing Where a Firm

question 57

Short Answer

_____ refers to a form of cloud computing where a firm subscribes to third-party software and receives a service that is delivered online.

---

Definitions:

E-books

E-books are digital versions of books, made available on electronic devices, allowing for easy access and portability.

Substitutes

Products or services that can be used in place of each other, where an increase in the price of one leads to an increase in the demand for the other.

Optimal Consumption

The mix of consumer purchases that maximizes the utility or satisfaction obtained from a given expenditure level.

Indifference Curve

A graph representing combinations of goods or services among which a consumer is indifferent, meaning they have no preference for one combination over another.