AWS Lambda does not follow the pay-as-you-go policy - Is this statement correct?

Pay as you go policy does not apply for cloud service models?

explain AWS Lambda

True or False: AWS Lambda is a compute service that runs code without the need to provision or manage servers. Lambda runs code on a high-availability compute infrastructure. It also performs all the administration of compute resources, including server and operating system maintenance, capacity provisioning and automatic scaling, and logging. Lambda can run code for virtually any type of application or backend service.1 pointTrueFalse

Which benefit of Cloud Computing allows AWS to offer lower pay-as-you-go prices as usage from hundreds of thousands of customers is aggregated in the cloud?Question 34Answera.Go global in minutesb.Trade capital expense for variable expensec.Massive economies of scaled.Increased speed and agility

Which benefit of Cloud Computing allows AWS to offer lower pay-as-you-go prices as usage from hundreds of thousands of customers is aggregated in the cloud?Question 10Answera.Trade capital expense for variable expenseb.Increased speed and agilityc.Massive economies of scaled.Go global in minutes