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In the "Imitation Lag Hypothesis," the Length of Time That

Question 13

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In the "imitation lag hypothesis," the length of time that elapses between when a new Product is introduced by innovating firms in country I and when consumers in country II Decide that the new product is a good substitute for products in their current consumption Bundle is known as the __________.


A) "imitation lag"
B) "demand lag"
C) "net lag"
D) "product cycle lag"

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