Final answer:
Agility in relation to cloud computing on AWS refers to the ability to scale resources up or down based on demand.
Step-by-step explanation:
The concept of agility in relation to cloud computing on AWS is best described by statement 1: Agility refers to the ability to quickly and easily scale resources up or down based on demand.
Cloud computing on AWS allows businesses to have flexibility in resource allocation. With agility, businesses can scale their resources up or down depending on their needs and demand, which helps them optimize cost and performance.
For example, if a website experiences a sudden increase in traffic, AWS allows the business to quickly provision more server resources to handle the increased load, and then scale down when the traffic subsides.