What Type of Isolating Mechanisms Increase the Economic Power of a Competitive

question 16

Multiple Choice

What type of isolating mechanisms increase the economic power of a competitive advantage over time once a firm has acquired that advantage?

• A)Scarce
• B)Imperfectly mobile
• C)Early-mover advantages
• D)Impediments to imitation
• E)Cospecialized

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The ability to solve everyday problems by utilizing knowledge gained from experience, rather than through formal academic instruction.

Robert Sternberg

An American psychologist known for his work on intelligence, creativity, wisdom, and love.