Elasticity is the ability of a system (often in cloud environments) to automatically scale resources up or down in real time based on demand.

A. Scalability means the ability to grow over time but not necessarily dynamically.

B. SaaS is a service model, not a resource-allocation concept.

C. Hybrid cloud is a deployment model, not a performance behavior.

References (CompTIA Network+ N10-009):

Domain: Networking Concepts — Cloud computing, elasticity vs. scalability.