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3273. The online content revenue model in which free content drives offline revenues is called the _________.

marketing model
advertising model
pay-per-view model
subscription model
✅ The correct answer is A.
The online content revenue model in which free content drives offline revenues is called the marketing model. Marketing mix modeling is statistical analysis such as multivariate regressions on sales and marketing time series data to estimate the impact of various marketing tactics on sales and then forecast the impact of future sets of tactics.

3277. The kinked demand curve model of oligopoly assumes that

Response to a price increase is less than the response to a price decrease
Response to a price increase is more than the response to a price decrease
Elassticity of demand is constant regardless of whether price increases or decreases
Elasticity of demand is perfectly elastic if price increases and perfectly inelastic if price decreases
✅ The correct answer is A.
The kinked demand curve model of oligopoly assumes that response to a price increase is less than the response to a price decrease. In an oligopolistic market, the kinked demand curve hypothesis states that the firm faces a demand curve with a kink at the prevailing price level. The curve is more elastic above the kink and less elastic below it. This means that the response to a price increase is less than the response to a price decrease.

3279. Risk reduction and control involves steps like –

Education and training
Making environmental changes
Spreading out items to various locations
All of the above
✅ The correct answer is D.
Risk reduction and control involves steps like Education and training, Making environmental changes, Spreading out items to various locations, etc.

3253. Labour turnover means:

Turnover generated by labour
Rate of change in composition of labour force during a specified period
Either of the above
Both of the above
✅ The correct answer is B.
Labour turnover is defined as the rate of change of labour force in an organization during a specified period.

313. Which of the following is a biological asset?

Land
Building
Environment
Living plants and animals
✅ The correct answer is D.
Living plants and animals is a biological asset. Biological asset is any living plant or animals owned by the business, and are typically measured at fair value minus selling costs.

3257. In cause and effect relationship between cost level and cost driver, inflationary price effects are removed by dividing cost through

price index
cost index
profit index
cost driver index
✅ The correct answer is A.
In cause and effect relationship between cost level and cost driver, inflationary price effects are removed by dividing cost through price index. A price index is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a given region, during a given interval of time.
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