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V 9 ) Which of the following statements is true of explicit switching costs? a . Explicit switching costs involve a penalty levied for terminating
V Which of the following statements is true of explicit switching costs?
a Explicit switching costs involve a penalty levied for terminating a deal or contract.
b Explicit switching costs are recurring in nature.
c Explicit switching costs are variable in nature.
d Explicit switching costs are concerned with the indirect costs in time and money.
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