The costs associated with changing from one provider to another are referred to as _____ costs.
A)performance
B)economic
C)selection
D)switching
E)financial

Question

Quizplus · Accepted Answer

Switching costs refer to the costs associated with changing from one provider to another. These costs can include the time and effort needed to research and compare different providers, the cost of discontinuing services with the current provider, and the cost of setting up services with the new provider.

The Costs Associated with Changing from One Provider to Another