In the Freemium Business Model,the

question 57

Multiple Choice

In the freemium business model,the

• A) initial product is sold at a premium price and the complementary goods are given free.
• B) users are free to pay for the services in advance or after using the services.
• C) users are not charged for the basic features of a product or service, but the user must pay for premium advanced features or add-ons.
• D) users pay for access to a product or service whether they use it during the payment term or not.

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Definitions:

Midterm

A type of examination or assessment typically given halfway through an academic term to measure students' understanding and knowledge in a specific course.

Final Exam

A comprehensive test given at the end of an academic course or term, assessing a student's understanding and knowledge of the covered material.

Mode

The most frequently occurring value in a given set of data.

Central Tendency

A statistical measure that identifies the center of a data set, represented by the mean, median, or mode.