Answer:
Switching cost
Explanation:
Switching cost may be defined as the amount which is related to the consumer for the purpose of changing the supplier to the another one. So, the greater the cost of switching, the more will be hard or costly the switch will be.
Therefore according to the above explanation, the correct answer is Switching cost.
The government laws on wages will safeguard the employees against employers who tend to be paying the least amount they could give. These also enhances the benefits that the employees are getting through pensions, health cards, etc. With the reinforcement of the law, many employees will be given the amount that is due the service that they are providing their employers.
Answer:
marginal analysis
Explanation:
it is believed that the rational man makes marginal analysis.
for example, a rational man would continue consumption up to the point that the marginal utility of the last bottle consumed equal marginal price.
If marginal utility falls below price, consumption should stop.
If marginal utility is above price, consumption should continue
Answer:
The below solution will guide your believe of what should be appropriate qualitative assumptions for inherent risk.
Explanation:
Just place the points where it says to
