Iver Audio is an all-in-one music management tool that was first marketed in 1999.Most users can use the Basic version that is free,but a $19.99 upgrade provides extra features such as supertagging,faster ripping and burning.Which of the following explains this approach for applying freeconomics?
A) labor exchange approach
B) freemium approach
C) zero marginal cost approach
D) cross subsidies approach
E) gift economy approach

Question

Quizplus · Accepted Answer

This approach is known as the freemium approach, where a basic version of the product is offered for free and additional features are available for purchase through an upgrade.

Iver Audio Is an All-In-One Music Management Tool That Was