Multiple Choice
The recent battle between the high definition (HD) video standards offered by Toshiba (HD-DVD) and Sony (Blu-ray) was won by Sony. This is an example of ________ that will allow the HD video industry to grow more quickly.
A) market power
B) standardization
C) a first-mover advantage
D) the resolution of a conflict between competing economic logics
Correct Answer:

Verified
Correct Answer:
Verified
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