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Author Question: Three of the following are advantages generally enjoyed by first movers.. Which one is not? a. ... (Read 74 times)

iveyjurea

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on: Sep 3, 2018
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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Reply #1 on: Sep 3, 2018
Answer to Question 1

d

Answer to Question 2

a


iveyjurea

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Reply 2 on: Sep 3, 2018
Great answer, keep it coming :)

connor417

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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