The costs that must be borne by customers if they are to stop purchasing from a current supplier and begin purchasing from another are known as

Respuesta :

The costs that must be borne by customers if they are to stop

purchasing from a current supplier is known as Switching cost.

Who is a Customer?

Customers refers to the group of people who purchase a

particular goods or services and are also known as consumers.

Some business enlist the switching cost in their operations so

as to ensure they have a recurring revenue as a result of the

customer's buying from them as a result of high switching cost.

Read more about Switching cost here https://brainly.com/question/13392201

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