One of the Major Advantages of Being the First to Develop

question 198

Multiple Choice

One of the major advantages of being the first to develop a product is

• A) an increase in the average total cost of production.
• B) less need for legal protection for the product.
• C) the opportunity to be bought out for a profit.
• D) the ability to use the fast-second strategy.

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Definitions:

Higher Income

Refers to a comparatively greater level of earnings or revenue, typically above the average for a certain geography or population.

Growth Hormones

Naturally occurring substances in the body that stimulate growth, cell reproduction, and cell regeneration.

Ableism

Is prejudice and discrimination against people who have disabilities.

Ableism

Discrimination or social prejudice against people with disabilities.