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'Path Dependency' Determines the Extent That an Asset Can Be

Question 27

Multiple Choice

'Path dependency' determines the extent that an asset can be imitated. What is the meaning of 'path dependency' in this context?


A) The physical uniqueness of an asset
B) The extent to which an asset can be patented or copyrighted
C) The cumulative learning and experience that is built up over time
D) The inability to ascertain the important elements of a complex asset

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