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To serve Web traffic for a popular product your chief financial officer and IT director have purchased 10 m1.large heavy utilization Reserved Instances (RIs) , evenly spread across two availability zones; Route 53 is used to deliver the traffic to an Elastic Load Balancer (ELB) . After several months, the product grows even more popular and you need additional capacity. As a result, your company purchases two C3.2xlarge medium utilization Ris. You register the two c3.2xlarge instances with your ELB and quickly find that the m1.large instances are at 100% of capacity and the c3.2xlarge instances have significant capacity that's unused. Which option is the most cost effective and uses EC2 capacity most effectively?
Utility Theory
A theory in economics that assesses the usefulness or satisfaction a consumer gains from consuming goods and services.
Total Utility
The complete fulfillment experienced from the consumption of a specific amount of products or services.
Marginal Utility
The increased happiness or value a buyer experiences by consuming an extra unit of a good or service.
Diminishing Marginal Utility
The principle that as an individual consumes more of a good, the utility (satisfaction or benefit) gained from each additional unit decreases.
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