Being the First to Sell a Particular Good Can Give

question 44

Multiple Choice

Being the first to sell a particular good can give a firm advantages over other firms that sell similar products.What is the name given to these advantages?

• A)first-mover
• B)first come, first served
• C)follow the leader
• D)first to market

---

Definitions:

College Graduates

Individuals who have successfully completed a degree program at a college or university.

Smoke Cigarettes

The act of inhaling and exhaling the smoke produced by burning tobacco in rolled paper.

Illicit Drugs

Substances whose production, sale, or use is prohibited or strictly controlled by law due to their potential for abuse and addiction.

Health Trend

A pattern or general direction in health behavior or outcomes that is observed over time within a population.