Price competition can be minimized if firms are able to build ...

[P68T]

Price competition can be minimized if firms are able to build ____________ costs around a product.
 a. inducement
  b. switch
  c. loyalty
  d. transactional

Question 2

A retailer purchases a building next door for possible expansion; in the meantime, the retailer rents the store to others. The rent the retailer collects would be considered other income and expenses.
 
 Indicate whether the statement is true or false

[Alyson.hiatt@yahoo.com]

Answer to Question 1

c

Answer to Question 2

T

[P68T]

Excellent

[lkanara2]

Thanks for the timely response, appreciate it