Multiple Choice
Which of the following is typically true regarding a firm with a long development cycle time?
A) It can quickly revise or upgrade its product offering.
B) Its cost of capital will increase.
C) It can take advantage of both first-mover and second-mover advantages.
D) It is more likely to be able to fully amortize the fixed costs of development before that generation becomes obsolete.
Correct Answer:

Verified
Correct Answer:
Verified
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