This answer is incorrect.
Computing resources are used exclusively by users from one organization.
This answer is incorrect.
Hardware is physically located in an organization's on-site datacenter.
In a public cloud, services are offered over the internet and are available to anyone who wants to purchase them. A private cloud is limited to a single organization. Cloud resources, such as servers and storage, are owned and operated by a third-party cloud service provider and delivered over the internet. A private cloud consists of computing resources used exclusively by users from one business or organization.
Describe cloud computing - Training | Microsoft Learn