A _____ Is a Business Model in Which the Core

question 53

Multiple Choice

A _____ is a business model in which the core product is given away without charge to a large group of users while the premium version of the product is sold to a smaller fraction of the overall user base.

• A)dual licensing model
• B)reverse-bounty model
• C)direct sales model
• D)freemium model

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Definitions:

Uncertain

The state of being unsure or having doubts, often leading to indecision.

Complete certainty

A state or condition where all aspects and outcomes are known, with no ambiguity or risk.

Classical decision

A decision-making approach based on rational analysis and choice, often associated with maximizing outcomes using a clear set of preferences and information.

Behavioral decision

Decisions made based on the observation and understanding of the behavior of individuals or groups, often in the context of behavioral economics or psychology.