Which of the Following Is a Competitive Benefit Experienced by the First

question 85

Multiple Choice

Which of the following is a competitive benefit experienced by the first mover firm in an industry?

• A) The first mover will be able to achieve a less steeper learning curve.
• B) The first mover will be able to reduce the switching costs.
• C) The first mover will not have to patent its products or technology.
• D) The first mover will be able to reduce costs through economies of scale.

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