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A Solutions Architect is designing a solution to monitor weather changes by the minute. The frontend application is hosted on Amazon EC2 instances. The backend must be scalable to a virtually unlimited size, and data retrieval must occur with minimal latency. Which AWS service should the Architect use to store the data and achieve these requirements?
Price Floor
A government-imposed minimum price set above the equilibrium price, preventing market prices from falling below it.
Shortage/Surplus
Conditions where the quantity demanded is greater than the quantity supplied (shortage) or the quantity supplied is greater than the quantity demanded (surplus) in a market.
Quantity Demanded
The total amount of goods or services that consumers are willing and able to purchase at a specific price level.
Quantity Supplied
The volume of a good or service available for sale from suppliers at a certain cost.
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