When Comparing AWS Cloud with On-Premises Total Cost of Ownership

question 631

Multiple Choice

When comparing AWS Cloud with on-premises Total Cost of Ownership, which expenses must be considered? (Choose two.)

• A) Software development
• B) Project management
• C) Storage hardware
• D) Physical servers
• E) Antivirus software license

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Definitions:

Price Change

An alteration in the cost of a good or service, which can affect demand and supply dynamics in the market.

Substitution Effect

The change in consumption patterns due to a change in the prices of goods, leading consumers to replace more expensive items with cheaper alternatives.

Income Effect

The change in an individual's or economy's income and how that change will affect the quantity demanded of a good or service.

Opportunity Cost

The lost potential gain from other alternatives when one alternative is chosen.