MCQ IN COMPUTER SCIENCE & ENGINEERING

Detailed explanation-1: -AWS offers you a pay-as-you-go approach for pricing for the vast majority of our cloud services. With AWS you pay only for the individual services you need, for as long as you use them, and without requiring long-term contracts or complex licensing.

Detailed explanation-2: -Pay as You Go is a pricing principle that lets you rent resources on-demand. This model provides complete flexibility over how many machines you run and for how long. You can leverage on-demand resources when you cannot buy or build your own infrastructure.

Detailed explanation-3: -Infrastructure as a Service (IaaS) IaaS provides storage and computer services on a pay-per-use basis. In other words, companies that rely on IaaS cloud computing only pay for the applications and storage that they need and nothing else.

Detailed explanation-4: -Pay-as-you-go cloud computing (PAYG cloud computing) is a payment method for cloud computing that charges based on usage. The practice is similar to that of utility bills, using only resources that are needed.

Detailed explanation-5: -Fixed Pricing Models. Fixed pricing models are also called Static pricing models, due to the stability of the price for a long time. The most famous service providers on the cloud such as Google, Amazon Web Services, Oracle, Azure and others use fixed pricing models.