Examlex
A company wants to migrate a high performance computing (HPC) application and data from on-premises to the AWS Cloud. The company uses tiered storage on premises with hot high-performance parallel storage to support the application during periodic runs of the application, and more economical cold storage to hold the data when the application is not actively running. Which combination of solutions should a solutions architect recommend to support the storage needs of the application? (Choose two.)
Economic Profits
Profits earned by a company after accounting for both explicit (direct) and implicit (opportunity) costs.
Marginal-Cost Curve
A graph that shows the relationship between the marginal cost of producing an additional unit and the total quantity of the product produced.
Law of Diminishing
A principle stating that as more units of a variable input are added to fixed inputs, the additional output from each new unit of input eventually decreases.
Implicit Costs
The opportunity costs associated with a company's own resources, not directly paid for with cash but are the result of using assets instead of investing them elsewhere.
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