Which Tool Can Be Used to Compare the Costs of Running

question 640

Multiple Choice

Which tool can be used to compare the costs of running a web application in a traditional hosting environment to running it on AWS?

• A) AWS Cost Explorer
• B) AWS Budgets
• C) AWS Cost and Usage report
• D) AWS Total Cost of Ownership (TCO) Calculator

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Definitions:

Marginal Revenue

The additional revenue generated from selling one more unit of a good or service.

Externalities

Economic side effects or consequences that affect uninvolved third parties; can be either positive or negative.

Externality

Actions of one party impose costs or benefits on a second party.

Economy of Scale

The cost advantages that enterprises obtain due to their scale of operation, typically resulting in decreased per-unit cost as production increases.