A First Mover Advantage

Multiple Choice

A first mover advantage:

A) is a beneficial outcome that accrues to the player who exercises the first strategic choice in a sequential game
B) is a beneficial outcome that accrues to the player waits for the other to move first and gains the advantage of seeing the other companies mistakes
C) is a beneficial outcome that accrues to the player who exercises the first strategic choice in a simultaneous game
D) only occurs when there is 1 Nash equilibrium
E) none of the above