In a Re-Formed Market,why Do First Movers Have the Advantage

question 92

Multiple Choice

In a re-formed market,why do first movers have the advantage?

• A) They have more experience in their industry.
• B) They write the rules in the re-formed market.
• C) They are on the leading edge of technology.
• D) First movers do not have the advantage in a re-formed market.

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Definitions:

Null Hypothesis

Alternative to a primary hypothesis, stating that there is no relationship between the independent variable and the dependent variable.

Scientific Method

Systematic method of obtaining and evaluating information relevant to a problem.

Variable

Measurable factor or characteristic that can vary within an individual, between individuals, or both.

Dependent Variable

In experimental and statistical research, the variable being tested and measured, which is expected to change as a result of manipulations to the independent variable.