Retaining current customers is more expensive than gaining new customers

On expiration of a lease, a tenant who remains in possession of a property without an agreement or acceptance of rent by the landlord for the extended occupancy becomes a:

a. holdover tenant. b. equity purchaser. c. subtenant. d. successor tenant.

Without adjustment, inflation may tend to cause ________ firms to appear more efficient and profitable than ________ firms

A) larger; smaller B) older; newer C) smaller; larger D) newer; older