Tyler Smith Founded a Firm That Has a Subscription-Based Business

question 5

Multiple Choice

Tyler Smith founded a firm that has a subscription-based business model. Although Tyler has averaged 600 new subscribers per month, she also loses 450 subscribers per month. The number of subscribers that Tyler loses each month is referred to as ________.

• A) erosion
• B) churn
• C) destruction
• D) attrition
• E) agitation

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Definitions:

Trade

The exchange of goods or services between entities or individuals, often conducted internationally or domestically to mutual benefit.

Coffee

A beverage made from the roasted and ground seeds of a coffee plant, consumed globally for its stimulating effect.

Comparative Advantage

The concept that a country, individual, or company produces a good or service at a lower opportunity cost than their competitors.

Trade

The exchange of goods or services between parties, which could be within an economy or between economies.