Examlex
A user has created a MySQL RDS instance with PIOPS. Which of the below mentioned statements will help user understand the advantage of PIOPS?
Price-Elastic
Refers to the degree to which the demand for a product changes in response to a change in its price.
Substitutes
Goods or services that can replace each other in usage, where an increase in price of one leads to an increase in demand for the other.
Price Elasticity
An appraisal of how demand levels are impacted by price changes of a good.
Movie Streaming
The practice of watching movies over the internet without downloading them, typically through subscription services or on-demand platforms.
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