With A(n) _____ Revenue Model, Customers Pay a Fixed Price

question 7

Multiple Choice

With a(n) _____ revenue model, customers pay a fixed price per unit in exchange for a product or service.

• A) volume
• B) subscription/membership
• C) advertising-based
• D) licensing

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Definitions:

Income

Income is the financial gain or money received by an individual or household from work, investments, or other sources, often measured over a specific period of time.

Wealth

An abundance of valuable resources or material possessions, or the control over such assets.

Social Inequality

The existence of unequal opportunities and rewards for different social positions or statuses within a group or society, often based on race, gender, wealth, or other factors.

Ascribed Statuses

Social positions individuals are born into, such as family background, race, and gender, which are involuntary and not achieved by personal effort or merit.