A Company May Use Computer Systems That Have Redundant Processors

question 94

Short Answer

A company may use computer systems that have redundant processors, peripherals, and software to obtain a ________________ capability, where the computer system continues to operate at the same level even if there is a major hardware or software failure.

---

Definitions:

Long Run

The long run is a period in which all inputs and production technologies can be varied, with no fixed factors of production.

Long-Run

Pertains to a period in which all factors of production and costs are variable, allowing companies to adjust all inputs.

AVC

Average Variable Cost, the total variable cost divided by the number of units produced, reflecting costs that change with output.

Short-Run

A period during which at least one of a firm's inputs is fixed, limiting its ability to adjust to demand changes.