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Ans. It's a configuration for auto scaling environment that specify the attributes / conditions for scaling instances up and down. For example - We may like environment to scale up when the number of requests / sec increases a particular threshold and scale down when it decreases below a threshold.
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Ans. Single instance means there is only 1 instance that will bear all the traffic load whereas Load balanced server means that there will be a cluster of servers that will host the application and load will be balanced distributed among them. Auto Scaling means that the number of instances will be expanded / shrunken based on the rule. Rule could be the traffic count , response time etc.
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