24. Master's Health Club, a chain of gyms and spas, requires its customers to pay...

60.1K

Verified Solution

Question

Finance

image
24. Master's Health Club, a chain of gyms and spas, requires its customers to pay a quarterly or an annual fee to use it services. This fee applies whether or not you actually go to the gym. Which type of business models is this? a. Subscription-based b. Razor-razor blade c. Pay-as-you-go d. Freemium 25. Unplug Wireless is a cellular service provider that charges its customers $1 for three hours of talk time. So, if a customer's talk time for a month is 60 hours, the company charges him or her $20 at the end of the month. Which of the following business models does this best illustrate? a. Subscription-based b. Razor-razor blade c. Pay-as-you-go d. Freemium

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students