_____ Arise(s)when the Customer Is Required to Pay a Penalty

question 21

Multiple Choice

_____ arise(s) when the customer is required to pay a penalty to switch providers.

• A) Fixed costs
• B) Legal inertia
• C) Financial inertia
• D) Contractual costs
• E) Opportunity costs

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Definitions:

Computer Technicians

Professionals who maintain and repair computer systems and networks, ensuring that they operate efficiently.

Demand Increase

A situation in which the quantity of a product or service that consumers are willing and able to purchase at a given price rises over time.

Wage Attraction

The potential of an employer or a sector to draw employees by offering competitive or attractive wages.

Supply Plentiful

A market condition where there is an ample amount of goods or services available to meet consumer demand.