Question: First - mover advantages are most likely to arise when Help Multiple Choice the costs of pioneering are high relative to the benefits accrued. a

First-mover advantages are most likely to arise when
Help
Multiple Choice
the costs of pioneering are high relative to the benefits accrued.
a first-mover's customers face low switching costs.
there are no fast-followers or late entrants present to counter a pioneering move.
property rights protections thwart rapid imitation of the initial move.
the first-mover can meet established industiv technical standards.
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First - mover advantages are most likely to arise

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