Multiple Choice
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"
Correct Answer:

Verified
Correct Answer:
Verified
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