For the Past 20 Years, Perry Has Been an Owner

question 179

Multiple Choice

For the past 20 years, Perry has been an owner of several Coldwell Banker Real Estate franchises. To increase business Perry spends a great deal of money marketing and advertising his businesses online. Perry decides he would like to move beyond just marketing and create an actual ebusiness that acts like a search engine but only focuses on the real estate industry. The main revenue source for this Perry's ebusiness will be a charge of $50 a month for each property that is listed on the website. What is the primary revenue model for Perry's new business?

• A)License fees
• B)Advertising fees
• C)Subscription fees
• D)All of the above

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Definitions:

Exercise Control

The ability to regulate or direct the operations and outcomes within a particular domain or activity.

Oligopoly

An oligopoly is a market structure characterized by a small number of firms whose decisions about production and pricing significantly affect competition.

Market Price

The current price at which an asset or service can be bought or sold, determined by supply and demand dynamics in a competitive market.

Small Number

A numerical value that is considered to be less than the expected or average size or amount.