Which term best describes the hardware resources managed by a hypervisor for virtual machines?

The term that best describes the hardware resources managed by a hypervisor for virtual machines is "virtual resources." When a hypervisor runs on a physical host, it abstracts and allocates the underlying hardware components—such as CPU, memory, storage, and network interfaces—into virtualized instances. Each virtual machine (VM) then operates using these virtual resources as if they were dedicated hardware, although in reality, they are sharing the physical hardware of the host system.

This virtualization allows for more efficient use of hardware, as multiple VMs can coexist on a single physical host, with their resource allocations dynamically managed by the hypervisor based on demand. The hypervisor creates a layer of abstraction that enables resources to be pooled and allocated as needed, making the term "virtual resources" the most accurate descriptor in this context.