Which of the Following Is Not a True Statement

Multiple Choice

Which of the following is not a true statement?

A) First movers are the first to recover the costs of a new technology.
B) First movers have higher pioneering costs than do later entrants.
C) Later entrants can avoid the mistakes of first movers.
D) Later entrants have lower pioneering costs than do first movers.
E) First movers are more likely to make mistakes than are later entrants.