When a Credit Card Company Offers Different Services with Its

question 142

Multiple Choice

When a credit card company offers different services with its card, like travel insurance for air travel tickets purchased with the credit card or product insurance for items purchased with the card, the credit card company is trying to

• A)create a barrier to entry for competing firms.
• B)create a perfectly competitive market in which to sell its credit card.
• C)convince customers that its card has greater value than those offered by rival firms.
• D)shift the demand curve for competing firms to the right.

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Definitions:

Point

In computing, it typically refers to a unit of measure used in graphic and text display, or the cursor position controlled by input devices.

Inch

A unit of length in the imperial and US customary systems, equal to 1/12 of a foot or 2.54 centimeters.

Environmental Waste

Unwanted or discarded material produced by human activity, impacting the environment negatively.

Computing

The process or practice of utilizing computer technology to solve problems, process data, and conduct various tasks and operations.