First movers
A) are usually firms with large market share.
B) are the first to bring out a new product.
C) usually copy successful products.
D) are mainly found in the computer industry.
E) have memorable trade names.
B
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A linear relationship
A) always has a maximum. B) always has a constant slope. C) always slopes up to the right. D) never has a constant slope.
A supply curve
A) is a table that shows the relationship between the price of a product and the quantity of the product supplied. B) is a curve that shows the relationship between the price of a product and the quantity of the product supplied. C) is the relationship between the supply of a good and the cost of producing the good. D) is a curve that shows the relationship between the price of a product and the quantity of the product that producers and consumers are willing to exchange.