Answer:
Switching cost
Explanation:
Switching cost is defined as the cost that is incurred in the course of changing from one supplier to another.Switching cost can be in monetary terms like compensation and termination fees and also in non monetary terms like time , effort and psychological stress.
In the given scenario , the defined activities of Right foods and the intention of Ralph clearly point out the process of potential switch of suppliers , even as the potential switching cost of $0.5 million for termination and $100,000 for replacing of software and retraining of staff are apparent.
Answer:
.a. one year.
Explanation:
Expectation theory believes that the longer the maturity rate of a bond is the more interest it will generate, yet investing in two 1 year bonds may earn the same interest as one 2 year bond. Therefore in this scenario the bond with the lowest interest rate today is the one with a maturity of one year, due to it being the shortest bond to reach maturity.
A recession occurs when there are two or more consecutive quarters of negative economic growth, meaning GDP growth contracts during a recession. As companies struggle with less cash and revenue, they first try to reduce their costs by lowering wages or ceasing to hire new workers, which can stop employment growth
Answer:
As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.
Explanation:
Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)
M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.