Which of the Following Actions of a Firm Suggests That

question 3

Multiple Choice

Which of the following actions of a firm suggests that it is using the freemium approach to applying freeconomics?

• A) providing free services to customers and getting paid for it by third parties
• B) reducing the sale price of one item in order to sell something else of value
• C) distributing products to customers without an appreciable cost to anyone
• D) offering basic services for free,but charging a premium for special features
• E) allowing people to participate and collaborate to create something of value

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Definitions:

Shared Understandings

The common beliefs, values, or norms that are accepted and recognized within a group or society, facilitating communication and cooperative action.

Status Cues

Indicators or signals that suggest or convey an individual's or group's social standing, prestige, or rank within a society.

Skin Color

A physical characteristic resulting from the pigment melanin, which varies widely among humans and is often used as a basis for social classification and identity.

Clothing

Garments and accessories worn on the body, often as a form of personal expression and to comply with social norms.