_____ are expenses incurred when a customer stops buying a product or service from one business and starts buying it from another.

Fill in the blank(s) with the appropriate word(s).


Switching costs

Business

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If a firm pays out a higher percentage of earnings, new equity capital will have to be raised with common stock, which will result in higher control and earnings for the existing owners

Indicate whether the statement is true or false

Business

The Torrens system requires registration of title

Indicate whether the statement is true or false

Business

Which of the following is not one of the characteristics of an entrepreneurial opportunity?

A. achievable B. affordable C. value creating D. attractive

Business

Write the null and alternative hypotheses testing the claim that the test score is not affected by the course.

A test of driving ability is given to a random sample of 10 student drivers before and after they complete a formal driver education course. Results follow.

Business