Slide 1 of 16
Slide 1 - Price Elasticity of Cloud Services
How Sensitive Are CS Students to Price Changes?
Analyzing Demand Responsiveness in Student Cloud Computing
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Photo by Liana S on Unsplash
Price Elasticity of Cloud Services: CS Students' Demand
Generated from prompt:
Update the existing 15-slide presentation titled "Price Elasticity of Cloud Services: How Sensitive Are CS Students to Price Changes?". Add a NEW visually strong graph slide specifically dedicated to Price Elasticity. Requirements: - Keep same blue, purple, neon modern theme - Keep image-heavy design and minimal text - Add one dedicated slide after 'What is Price Elasticity?' titled: "Price Elasticity Graph Analysis" On that slide include: - Large clear demand curve graph - Show: * Elastic demand (flat curve) * Inelastic demand (steep curve) * Label axes (Price, Quantity) - Highlight a price increase and quantity drop visually - Include a small boxed formula: PED = %ΔQ / %ΔP - Minimal text (2-3 short labels only) Keep all other slides the same. Ensure graph is clear, colorful, professional, and presentation-ready. Total slides should now be 16 slides.
This deck analyzes price elasticity of demand for cloud services among CS students, covering fundamentals of elasticity, cloud market overview, student price sensitivity factors, comparative data, and strategic implications for providers emphasizing
February 25, 202616 slides
Slide 2 of 16
Slide 2 - Presentation Agenda
- 1. Understanding Price Elasticity
- 2. Cloud Services Context
- 3. CS Students Demand Sensitivity
- 4. Key Implications & Conclusion
Slide 3 of 16
Slide 3 - Fundamentals of Elasticity
1
Understanding Price Elasticity
Core Concepts and Graphical Representation
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Photo by Jakub Żerdzicki on Unsplash
Slide 4 of 16
Slide 4 - What is Price Elasticity?
- Price Elasticity of Demand (PED): %ΔQuantity Demanded / %ΔPrice
- Typically negative (law of demand)
- Elastic if |PED| > 1 (responsive)
- Inelastic if |PED| < 1 (less responsive)
- Unit elastic |PED| = 1 (revenue maximized)
Source: Wikipedia: Price elasticity of demand
Slide 5 of 16
Slide 5 - Price Elasticity Graph Analysis
- Elastic (Flat Curve)
- Inelastic (Steep Curve)
- Price ↑ → Quantity ↓
Source: Wikipedia: Price elasticity of demand
Slide 6 of 16
Slide 6 - Determinants of Elasticity
- Availability of substitutes ↑ → more elastic
- Necessities → inelastic
- Longer time horizon → more elastic
- Larger budget share → more elastic
Source: Wikipedia: Price elasticity of demand
Slide 7 of 16
Slide 7 - Elastic vs Inelastic Demand
Elastic Demand (|PED| > 1)
- Luxury goods
- Many substitutes
- Long run adjustments
- Example: Movie tickets
Inelastic Demand (|PED| < 1)
- Essentials (e.g. insulin)
- Few substitutes
- Short run
- Example: Gasoline (short-term)
Slide 9 of 16
Slide 9 - Popular Cloud Services for CS Students
☁️ AWS Free tier + student credits
🟦 Azure $100 free for students
🔵 Google Cloud Always free limits + credits
🚀 Heroku Free dynos for apps
Slide 10 of 16
Slide 10 - Key Cloud Pricing Stats
- $0.023: /GB S3 Storage
- $0.10: EC2 Instance/hr
- $100: Student Credits
- 50%: Free Tier Usage
Slide 11 of 16
Slide 11 - Cloud Pricing Comparison
| Provider | Storage/GB/mo | Compute/hr | Student Perks |
|---|---|---|---|
| AWS | $0.023 | $0.0116 (spot) | Free Tier + Educate |
| Azure | $0.0184 | $0.008 (B1s) | $100 Credit |
| GCP | $0.02 | $0.0075 (e2-micro) | $300 Credit |
Slide 13 of 16
Slide 13 - Why CS Students Are Price-Sensitive
- Limited budgets (tuition, living costs)
- Abundant free/open-source alternatives (local dev)
- Many substitutes (AWS vs Azure vs GCP)
- Non-essential for most coursework
- High time flexibility to switch providers
Slide 14 of 16
Slide 14 - Estimated PED for CS Students
- CS Students: PED ≈ -1.8 (Elastic)
- Prefer free tiers
- Switch easily to alternatives
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Photo by Deng Xiang on Unsplash
Slide 15 of 16
Slide 15 - Students vs Professionals
CS Students
- PED -1.5 to -2
- Highly sensitive
- Free tier dependent
- Easy switching
Enterprise Users
- PED -0.5 to -1
- Less sensitive
- Locked-in contracts
- Value reliability over price
Slide 16 of 16
Slide 16 - Key Takeaways
CS Students Exhibit Elastic Demand for Cloud Services PED ≈ -1.8: Price Increases Risk High Churn Providers Should Prioritize Free Tiers & Credits
Questions? Thank You!
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