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All but one of the following have been suggested by some economists as possible consequences of path dependency and switching costs.Which of the following is not a possible consequence of path dependency and switching costs?
Defamatory
A statement that unjustly harms someone's reputation by making false or misleading claims.
Public Official
An individual holding a position of authority in a governmental organization, responsible for the rights and welfare of the public.
Reckless Disregard
Reckless disregard denotes a conscious indifference to the rights or safety of others or a known risk, acting without concern for the likely consequences.
Fraudulent Misrepresentation
A false statement made knowingly, without believing in its truth, or recklessly, with the intention to deceive and induce another party to enter into a contract.
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