Fixed vs Variable Costs Quiz

5 questions • Pass: 70% • +25 pts

Quiz covering Cloud Economics

Fixed vs Variable Costs Quiz

5 questions | Pass: 70% | Earn 25 points

Questions in this quiz

A preview of the 5 questions covered. Start the quiz above to answer them, check your score, and read the explanations.

  1. 1

    Which of the following best describes a variable cost in cloud computing?

  2. 2

    A company migrates from an on-premises data center to the cloud. Which shift in financial model are they primarily experiencing?

  3. 3

    Why is the ability to 'scale on demand' considered a key feature of cloud economics?

  4. 4

    Which scenario represents a 'Fixed Cost' in a cloud environment?

  5. 5

    A retail company experiences a massive spike in traffic during a holiday sale. If they transition from an on-premises 'over-provisioned' fixed-cost model to a cloud-based 'auto-scaling' variable-cost model, what is the most significant economic benefit regarding their resource utilization?