Skills Learned
- Describe the consumption-based model
Study Guide
- Consumption and fixed cost models

Practice Test

Question 1

Which four characteristics best describe Consumption-based pricing model.

❌ ✔ ⚪ 🔵 ⬜ 🟦 No wasted resources

❌ ✔ ⚪ 🔵 ⬜ 🟦 Upfront payment

❌ ✔ ⚪ 🔵 ⬜ 🟦 Pay for what you use

❌ ✔ ⚪ 🔵 ⬜ 🟦 Volume licensing

❌ ✔ ⚪ 🔵 ⬜ 🟦 Stop paying when you don’t need resources

❌ ✔ ⚪ 🔵 ⬜ 🟦 No upfront payment

✔ That's correct

❌ That's not correct

👨‍🦱 💬 Cosumption based model means that customers only pay when they use resources, as such they have no upfront cost associated. Because of that you can create resources at any time and delete them at any time, so you don’t waste any resources. Once resources are deleted, customers stop paying.