Serios Is a Software Development Firm in Canada

question 27

Multiple Choice

Serios is a software development firm in Canada.It creates an application to guide the development of Maglev trains in Mexico City and outsources the design and maintenance of the application to Ieinsta Inc.in Mexico City.The contract between the firms requires Ieinsta Inc.to use only the software provided by Serios.Ieinsta Inc.has to access the software remotely as a Web-based service.Identify the type of service provided by Serios in this scenario.

• A)Infrastructure as a service
• B)Software deployment service
• C)Platform as a service
• D)Software as a service

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Definitions:

Marginal Cost

The increase in cost associated with the production of an additional unit of a good or service.

Marginal Cost

The variation in the overall cost of production that occurs with an increase of one unit in the quantity produced.

Pollution Abatement

Measures taken to reduce, control, or eliminate pollution from various sources to improve environmental health.

Diminishing Returns

Diminishing returns is an economic principle stating that as one factor of production increases while others are held constant, the additional output (returns) from the increased factor will eventually decrease.