Most app developers have adopted the business model of
A) charging a between $1.99 and $2.99 for their apps to be downloaded.
B) allowing their apps to be downloaded and used for free, while trying to still earn money from users.
C) charging a small fee for their apps to be downloaded.
D) allowing their apps to be downloaded to one device for free, but charging a high price for the apps to be downloaded to additional devices.
B
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A decrease in the demand for beef because of concerns over cholesterol results in
A) lower beef prices. B) higher beef prices. C) an increase in the supply of beef. D) an offsetting increase in the demand for beef if the price of beef falls.
Which of the following statements about the importance of trade to the U.S. economy is true?
A) Overall, about 80 percent of U.S. manufacturing jobs depend directly or indirectly on exports. B) The United States is the second largest exporter in the world. C) The U.S. economy is highly dependent on international trade for growth in its gross domestic product. D) Since 1950, both exports and imports have steadily decreased as a fraction of U.S. gross domestic product.
Economic analysis on empowerment has shown that most firms have
A. used benchmarking to arrive at erroneous conclusions. B. failed to delegate decision-making rights to lower-level employees. C. failed to use corporate culture to enhance communication and build employee expectations. D. increased profits by delegating decision-making rights to lower-level employees.
A reduction in the market price of the product is most likely to be required to enable
A. Apple to sell more of its iPhones. B. a single Midwestern grain farmer to sell a larger harvest of grain. C. a single Northwestern logging company to sell a larger quantity of timber. D. a single Pacific Coast fishing trawler to sell a larger quantity of tuna.