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 come, first served B) follow the leader
C) first-mover D) first to market
C
Economics
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Describe the nature of trade between two countries based on intertemporal comparative advantage
What will be an ideal response?
Economics
The BP schedule will be steeper the
a. more responsive capital flows are to the interest rate. b. less responsive capital flows are to the interest rate. c. smaller the marginal propensity to import. d. less likely an expansionary fiscal policy will lead to a balance of payments deficit.
Economics