Which of the Following Is a First-Mover Advantage for a Technology

question 107

Multiple Choice

Which of the following is a first-mover advantage for a technology innovator?

• A)being able to charge a premium price
• B)letting someone else work out all the bugs
• C)having an infrastructure ready to support the technology
• D)being able to take advantage of complementary products
• E)having a ready-made customer base

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Definitions:

Iodine

A chemical element essential for thyroid gland function, contributing to the production of thyroid hormones.

Contain

To contain means to hold or enclose something within a defined space or area, preventing it from spreading.

Magnetic Resonance Imaging

A diagnostic technique that uses magnetic fields and radio waves to produce detailed images of the body's internal structures.

Nonionizing Radiation

A type of radiation that does not carry enough energy to ionize atoms or molecules, such as radiowaves and microwaves, considered less harmful to tissue than ionizing radiation.