Switching Costs

question 5

Multiple Choice

Switching costs:

• A) drive early entrants out of the market.
• B) make it easy for later entrants to win business.
• C) make it difficult for later entrants to win business.
• D) give later entrants a cost advantage over early entrants.

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Definitions:

Passive Sentence

A sentence construction where the subject of the sentence is acted upon by the verb, often obscuring who is performing the action.

Complex Sentence

A sentence that contains an independent clause and at least one dependent clause, conveying more detailed or nuanced information.

Compound-Complex Sentence

A sentence that combines at least one dependent clause with two or more independent clauses.

Independent Clause

A group of words that contains a subject and a verb and expresses a complete thought, functioning as a sentence or part of a sentence.