The key economic advantage of utilizing AWS Cloud services is the 'pay-as-you-go' pricing model. Unlike traditional infrastructure that requires a significant upfront investment in hardware and software, the cloud allows you to pay only for the resources you consume. This helps in reducing capital expenditures and converting them to operational expenses. 'Unlimited storage capacity' and 'managed services for database' are benefits of AWS but don't specifically address the main economic advantage related to cost structure. 'Improved performance for applications' is more related to application performance rather than cost benefits.
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What does the pay-as-you-go pricing model mean?
How does the pay-as-you-go model reduce capital expenditures?
What other pricing models does AWS offer besides pay-as-you-go?
This question's topic:
AWS Cloud Practitioner CLF-C02 /
Cloud Concepts
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