Examlex
Identify and explain at least 3 benefits of a company implementing a cloud computing technology solution.
Output
The total amount of goods and services produced by an economy or a production process over a certain period of time.
Marginal Cost
The cost of producing one additional unit of a product or service, which varies depending on the level of production.
Marginal Revenue
The boost in income derived from selling an extra unit of a good or service.
Maximizing Profits
The goal of increasing a company's earnings to the highest possible level through various strategies and operational improvements.
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