This topic contains a solution. Click here to go to the answer

Author Question: Rivalry among firms would tend to be high if a. Customers are locked into the competitors ... (Read 93 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
Rivalry among firms would tend to be high if
 a. Customers are locked into the competitors technology
 b. Customers can easily switch between competitor's technologies
  c. All of the above
 d. None of the above

Question 2

The reason some insurance customers are more eager to purchase insurance is
 a. they are more risk averse
 b. they are less risk averse
 c. they have a greater risk of making a claim
  d. Both A&C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

b

Answer to Question 2

d





 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

For a complete list of videos, visit our video library