Which characteristic of cloud computing enables cost savings by serving multiple consumers?1 pointResource poolingOn-demand self-servicePublic cloud modelsBroad network access
Question
Which characteristic of cloud computing enables cost savings by serving multiple consumers?1 pointResource poolingOn-demand self-servicePublic cloud modelsBroad network access
Solution
The characteristic of cloud computing that enables cost savings by serving multiple consumers is Resource pooling. This is because resource pooling allows the provider's computing resources to be pooled to serve multiple consumers using a multi-tenant model, with different physical and virtual resources dynamically assigned and reassigned according to consumer demand. This approach allows for economies of scale and efficiency, which can result in cost savings.
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