Which Amazon EC2 Pricing Model Offers the MOST Significant Discount

question 203

Multiple Choice

Which Amazon EC2 pricing model offers the MOST significant discount when compared to On-Demand Instances?

• A) Partial Upfront Reserved Instances for a 1-year term
• B) All Upfront Reserved Instances for a 1-year term
• C) All Upfront Reserved Instances for a 3-year term
• D) No Upfront Reserved Instances for a 3-year term

Understand the impact of IT on the workforce and job trends.

Distinguish between various types of information systems, including TPS, MIS, BI, and ERP systems.

Acknowledge the evolution and current trends in IT applications in businesses.

Comprehend the implications of IT for business innovation and competitive advantage.

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Definitions:

Economic Profits

The surplus remaining after total costs are deducted from total revenue, considering both explicit and implicit costs.

Economic Profit

The distinction in a corporation's gross income versus its overall charges, factoring in both apparent and assumed costs.

Zero Economic Profit

A situation where a company's total revenues exactly equal its total costs, implying normal profit but no economic profit above that.

Competitive Price-searcher Market

A market structure where companies have some control over the prices they charge but must also consider the prices set by their competitors.