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Which of the Elements Explains How the Winner Takes Most

Question 29

Multiple Choice

Which of the elements explains how the winner takes most of the market share?


A) Technology provides the company a way to recap its initial cost to produce a product, because as production increases, the cost of producing each additional unit increases.
B) Economies of scale create winner-take-most market situations.
C) Creating the industry standard and being the first-mover are important market strategies that go hand in hand to dominate a market.
D) Being the first to develop the standard creates a first-mover advantage to become the strong winner-take-most of the market share leader.
E) Businesses like Amazon. com, e-Bay, and Intel all have first-mover advantage.

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