Cloud Computing Is

question 48

Multiple Choice

Cloud computing is

• A) the practice of storing software and information on the Internet.
• B) a method for backing up computers onto external hard drives.
• C) an early form of social media.
• D) the most recent development in social media.
• E) a program that combines message creation with video transmission.

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Definitions:

Marginal Revenue

The extra revenue earned by selling an additional unit of a product or service.

Marginal Product

Marginal product is the increase in output that arises from an additional unit of input, assuming all other factors are held constant, illustrating the production efficiency gains.

Optimal Employment

Refers to the level of employment where the marginal productivity of labor equals the real wage, leading to maximum efficiency in the labor market.

District Court

A type of trial court that has jurisdiction over specific types of cases within a defined geographic area.