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Vanyuwa [196]
3 years ago
11

e. Which of the following statements is true? Deflation means that the price level is falling, whereas with inflation the inflat

ion rate is rising. Deflation means that the price level is falling, whereas with inflation overall prices are rising. Deflation means that the inflation rate is falling, whereas with inflation overall prices are rising. Deflation means that the inflation rate is falling, whereas with inflation the inflation rate is rising.
Business
2 answers:
s2008m [1.1K]3 years ago
7 0

Answer:

The answer to this question is option B. Deflation means that the price level is failing, whereas with inflation overall prices are rising

Explanation:

Inflation is an increase in the general prices of goods and services in an economy on the other hand, deflation is the general decline in prices for goods and services, indicated by an inflation rate that falls below zero percent.

Hence the answer is option B. Deflation means that the price level is failing, whereas with inflation overall prices are rising

tino4ka555 [31]3 years ago
7 0

Answer:

the answer is  B. Deflation means that the price level is failing, whereas with inflation overall prices are rising

Explanation:

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Explanation:

To begin with, the concept known as <em>''switching cost'' </em>in the field of business, basically refers to all the costs involved in the procedure of switching from a supplier to a new one. Moreover, this term also involves many different types, such as financial switching costs, procedural switching costs and relational switching costs.

To continue, the third one, <em>the relational switching cost</em> refers to the situation where a company has changed its supplier and a big loss of identification and emotional bonds changed as well with it. Furthermore, when relational switching costs take place the personal relationships between the people involved in the transactions of the company are lost and that generates an impact in the new relationships with the new supplier.

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Answer:

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