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The Existence of First Mover Advantage and the Fact That

Question 14

Multiple Choice

The existence of first mover advantage and the fact that the market is small relative to the minimum efficient scale of production:


A) Are two market imperfections that impact the ability to sustain competitive advantage
B) Are two market imperfections that impact the ability to sustain competitive advantage through preemption
C) Are general attributes of any market
D) Are unrelated

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