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Your Business Is Looking to Rely on Cloud Computing Services

question 101

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Your business is looking to rely on cloud computing services to create applications using web-based development platforms. What is the term for this?


Definitions:

Average Price

The mean price of a good or service calculated by dividing the total cost by the number of units sold.

Variable Costs

Costs that vary with the level of output produced.

Fixed Costs

Business expenses that remain constant regardless of the level of production or sales.

Variable Costs

Costs that change in proportion to the business activity or production levels, including raw materials and hourly labor.

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