11,Between July 2012 and August 2014,Uber Launched in 42 Countries

question 39

True/False

11,Between July 2012 and August 2014,Uber launched in 42 countries outside the US.The speed of this global rollout may be viewed as an attempt to pre-empt the market for ride-sharing services.

---

Definitions:

MR

Marginal Revenue, which is the increase in revenue that results from the sale of one additional unit of a product or service.

Marginal Cost

The cost added by producing one additional unit of a product or service, which is crucial for decision-making on production levels.

First-Move Ability

The strategic advantage gained by being the initial entrant into a new market or business segment.

Marginal Revenue

The additional income gained from selling one more unit of a good or service.