The Inventors of a Disruptive Technology Typically Benefit the Most

question 66

True/False

The inventors of a disruptive technology typically benefit the most from the technology; it is rare that fast followers catch up quickly.

---

Definitions:

Average Product

The output produced per unit of input used, calculated by dividing total product by the quantity of input.

Workers

Individuals engaged in any form of physical or intellectual labor, either employed or unemployed.

Marginal Product

The additional output that is produced by using one more unit of a particular input while holding other inputs constant.

First Worker

The initial employee hired in a startup or new business venture, often taking on multiple roles and responsibilities.