This Revenue Model Involves Charging Customers to Gain Continuous Access

question 34

Multiple Choice

This revenue model involves charging customers to gain continuous access to a product or service:

• A)licensing revenue model
• B)franchising revenue model
• C)revolving revenue model
• D)subscription revenue model

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Definitions:

Politicians

Individuals engaged in directing or influencing government policy and decision-making.

Short-Run Benefits

Advantages or gains received in the immediate future, often without consideration for long-term implications.

Economic Thinking

The process of making decisions based on the efficient allocation of scarce resources.

Personal Benefits

Are advantages or favorable outcomes that accrue directly to an individual as a result of their actions or decisions.