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Author Question: Three of the following are advantages generally enjoyed by first movers.. Which one is not? a. ... (Read 73 times)

iveyjurea

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Three of the following are advantages generally enjoyed by first movers.. Which one is not?
 
  a. Network effects
  b. Economies of scale
  c. Investment funds
  d. Government incentives

Question 2

What problem do late developers confront with economies of scale?
 
  a. They produce on a small scale at a higher cost.
  b. They are unable to produce a large amount of their goods.
  c. First movers are able to undermine these new businesses.
  d. The laws and policies set by the first movers hinder late developers.



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dajones82

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Answer to Question 1

d

Answer to Question 2

a




iveyjurea

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Reply 2 on: Sep 3, 2018
Thanks for the timely response, appreciate it


kalskdjl1212

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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