This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Rivalry among firms would tend to be high if a. Customers are locked into the competitors ... (Read 99 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jul 1, 2018
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
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


Themember4

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jul 1, 2018
Correct answers!


flannelavenger

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

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?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30% The “Infertility Belt” In certain countries in Central Africa, infertility rates are as high as 30%
Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
a) Avoid placing the face cradle too high because it hyperextends and strains the neck. b) When the ... a) Avoid placing the face cradle too high because it hyperextends and strains the neck. b) When the ...
Localizing the Source of High-Frequency Sounds Localizing the Source of High-Frequency Sounds
Hot spots highlight areas of high biodiversity Hot spots highlight areas of high biodiversity
Economic objectives of firms Economic objectives of firms
Video: Basic rhythm - control centers in medulla oblongata, spirograph and normal tidal cycle

For a complete list of videos, visit our video library