Question: What is the average defection rate for a tire store in a local area of Halifax if customers spend $45 per visit, customers shop once

What is the average defection rate for a tire store in a local area of Halifax if customers spend $45 per visit, customers shop once a week, the tire store has a 3 percent gross margin, and value of a loyal customer is estimated at $3,500 per year? (5 points)

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