When it comes to licensing, what is the difference between Events and Flows and how they are licensed?

When it comes to licensing, what is the difference between Events and Flows and how they are licensed?
A. Flows are licensed based on overall count over a minute, where Events are licensed based on overall count per second.
B. Flows are licensed based on overall count per second, where Events are licensed based on overall count over a minute.
C. Flows and Events are both licensed by overall count per minute under an Upgraded License and per second on a Basic License.
D. Flows and Events are both licensed by overall count per second under an Upgraded License and per second on a Basic License.

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