In every model of App Service Plan, there is 1 word called 1.75 GB, 3.5GB, 7GB, 14 GB Memory, etc.
Is that refer to RAM of the that VM?
Yes! It's similar to a provisioned RAM on a VM.
When upgrading to the Premium App Service Plan, it will show how many CPU Cores are along with the RAM.
Whatever you mentioned 1.75 GB, 3.5 GB, and 7 GB belong to RAM in Standard App Service Plan!
Reference: https://azure.microsoft.com/en-us/pricing/details/app-service/windows/