<p>The good has a switching cost / is subject to a switching cost. Rarely used: it is a Diamond good. (Referring to the Diamond 1971 paper.)</p>

CC BY-SA 4.0
2018-10-20T05:32:55.857Z
2018-10-20T05:32:55.857Z
Sander Heinsalu
<p>For a certain good, if there is a one-time fixed cost for a consumer to switch to a different firm in a later time, then we say this good is ____ (or has property ___). Examples include</p>

<ul>
<li>Consumer: House renter</li>
<li>Firm: Landlord</li>
<li>Good: Stays in a house</li>
<li>One-time Cost: Moving cost</li>
</ul>

<hr>

<ul>
<li>Consumer: Mobile phone user</li>
<li>Firm: Wireless carrier</li>
<li>Good: Uses of phone over a carrier network</li>
<li>One-time Cost: New account activation fee</li>
</ul>

<microeconomics>
For a certain good, if there is a one-time fixed cost for a consumer to switch to a different firm, then this good is?
xuhdev
# For a certain good, if there is a one-time fixed cost for a consumer to switch to a different firm, then this good is?

(Asked by: username_0 on 2018-10-19)

For a certain good, if there is a one-time fixed cost for a consumer to switch to a different firm in a later time, then we say this good is \_\_\_\_ (or has property \_\_\_). Examples include

* Consumer: House renter
* Firm: Landlord
* Good: Stays in a house
* One-time Cost: Moving cost

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* Consumer: Mobile phone user
* Firm: Wireless carrier
* Good: Uses of phone over a carrier network
* One-time Cost: New account activation fee

**Tags:** microeconomics


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## 1 answers

### Answer by username_1 on 2018-10-20. Score: 2 | Accepted answer

The good has a switching cost / is subject to a switching cost. Rarely used: it is a Diamond good. (Referring to the Diamond 1971 paper.)


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