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Home Q & A Board Other Fields Homework Help Business Economics
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Coltonht Coltonht
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3 years ago
Which of the following defines a first-mover advantage?

▸ When a firm is the first to make a promise of a change in strategy

▸ When a firm is the first one to make supernormal profits

▸ When a firm is the first to make a threat of a change in price

▸ When a firm gains from being the first one to take action
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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Jacobian S.Jacobian S.
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3 years ago
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Coltonht Author
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3 years ago
Thank you, thank you, thank you!
Transonic
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Yesterday
Smart ... Thanks!
ezsancheezy
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2 hours ago
this is exactly what I needed
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