Which of the Following Are Reasons Why Followers into a Market

question 68

Multiple Choice

Which of the following are reasons why followers into a market often find lower costs than the pioneer firm?

• A)The use of more current production technologies.
• B)Experience of suppliers leads to cost reductions.
• C)Learning from the pioneer's mistakes.
• D)All of the answer choices.
• E)Both experience of suppliers leads to cost reductions and learning from the pioneer's mistakes.

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