Which concept describes provider-specified measurement unit for determining unit prices?

Which concept describes provider-specified measurement unit for determining unit prices?

• A. List Unit price
• B. Contracted unit price
• C. Pricing Unit
• D. SKU ID

Answer: (C)

Pricing unit is the measurement the provider uses to set and quote prices, like per hour, per GB, or per transaction. This unit is the basis for the unit price; you multiply the unit price by how many pricing units you actually consume to get the total cost. For example, if storage is priced at $0.023 per GB-month, the pricing unit is GB-month and the unit price is $0.023; buying 100 GB-month would cost $2.30. The other terms describe either the price itself under a contract or an identifier, but they don’t define the measurement used to determine prices.

Pricing unit is the measurement the provider uses to set and quote prices, like per hour, per GB, or per transaction. This unit is the basis for the unit price; you multiply the unit price by how many pricing units you actually consume to get the total cost. For example, if storage is priced at $0.023 per GB-month, the pricing unit is GB-month and the unit price is $0.023; buying 100 GB-month would cost $2.30. The other terms describe either the price itself under a contract or an identifier, but they don’t define the measurement used to determine prices.