Question: What advantage do firms gain by accelerating demand for a standard, and establishing it as the industry standard? They are able to lock out competing

What advantage do firms gain by accelerating demand for a standard, and establishing it as
the industry standard?
They are able to lock out competing formats.
They are able to control the law of diminishing returns.
They are able to minimize first-mover disadvantage.
They are able to decrease fixed costs.
What advantage do firms gain by accelerating demand for a standard,

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