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Indie Has a Quiz in Class Tomorrow About Revenue Models

question 138

Multiple Choice

Indie has a quiz in class tomorrow about revenue models. You being the expert in such things, she has asked you to help her prepare.
-You tell Indie that a hypothetical company offers a foreign-language course over the Web, charging $5 for each new chapter that a student wishes to study. The fee includes access to relevant audio clips and discussion boards. You ask her what form of revenue model this is. She answers, correctly, ____.


Definitions:

Fixed Rate

A fixed rate is an interest rate on a liability, such as a loan or mortgage, that remains the same for the entire term of the loan or a set period of time, providing payment stability.

Variable Rate

An interest rate that can change over time, often based on an underlying benchmark interest rate or index that reflects the cost of borrowing in the credit markets.

Forward Contract

An agreement that isn't standardized between two parties to purchase or sell an asset at a future date determined today at a price agreed upon today.

Legally Binding

An agreement enforceable by law, with obligations that must be fulfilled by all parties involved.

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