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9. Cost of changing customers' equipment due to changes in service characteristics.
Institutions represent repeated patterns of behaviour, and may remain for decades not because they are the most efficient or equitable, but because the transaction costs of change (such as the financial cost of changing infrastructure, or the social cost of challenging existing norms and interests) are too high [ 12].
And, if there's a fixed cost of changing software, banks would make the change if negative rates become a normal part of the monetary policy toolkit.
Travel agents are balking at the cost of changing their technology systems and argue that the changes that American proposes could end up reducing choices for customers.
However, since only a few adolescents raised this concern and the logistics and cost of changing the appearance of all ten videos were not within budget, no changes to the look of the videos were made.
He declined to predict the cost of changing back.
The cost of changing sterling into euros varies wildly.
The cost of changing names on the maps and leaflets would be £4m alone.
It is, according to H.P., the cost of changing itself into an enterprise software company.
In that case, the deciding factor will be the cost of changing the system.
More optimistically, the Royal Mint put the cost of changing "all the machines in the country" at £15-£20m £15-£20m
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com