Switching Costs Refer to the

question 33

Multiple Choice

Switching costs refer to the

• A)cost to a producer to switch to new equipment when new technologies emerge.
• B)cost of changing the firm's industry.
• C)one-time costs suppliers incur when selling to a different customer.
• D)one-time costs customers incur when buying from a different supplier.

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Definitions:

Start Menu

Main user interface element in Windows operating systems that provides access to programs, folders, and system settings.

Access Database

A database management platform provided by Microsoft, which combines the relational Microsoft Jet Database Engine with an intuitive graphical interface and software-development instruments.

Access Database Icon

A graphical symbol used to represent a Microsoft Access database file, typically showing the Access logo.

Table Design View

An interface in database management systems that allows users to visually define or alter the structure of a database table.