Which of the following would have the lowest switching costs?

a. a customer ordering from Papa John's instead Pizza Hut
b. an individual getting rid of a PS3 game system and beginning to use a Wii game system
c. a company changing from a QWERTY keyboard to a keyboard with a different format
d. a customer moving a bank account from one bank to another


a

Economics

You might also like to view...

Economists estimate that the total lag for monetary policy is about:

a. 1-2 days. b. 2 weeks to 1 month. c. 3-12 months. d. 2-4 years.

Economics

When income increases, the money demand curve shifts to the ________, which ________ the interest rate with a fixed money supply.

A) right; increases B) right; decreases C) left; increases D) left; decreases

Economics

What does it mean to be risk averse?

What will be an ideal response?

Economics

Floating exchange rates

A) systematically lead to much larger but less frequent short-run deviations from the absolute PPP. B) systematically lead to much larger and more frequent short-run deviations from the relative PPP. C) systematically lead to much smaller and less frequent short-run deviations from the relative PPP. D) systematically lead to much smaller but more frequent short-run deviations from the relative PPP. E) systematically lead to much smaller and less frequent short-run deviations from the absolute PPP.

Economics