Zach has invented a device, which when plugged to household appliances, such as televisions, vacuum cleaners, sound systems, and mixer grinders, will needs to be plugged into a port in the household appliances. Since not all appliances have this feature, Zach is of the opinion that he should delay his entry into the market. Which of the following statements supports Zach's decision?

Multiple Choice

The product works without the need for complementary goods. Hence, the more he delays his entry into the market, the better the competition is for his product.

The entry barriers are low for this product in the market and hence it makes sense for Zach to delay his entry.

Less mature enabling technologies may favor waiting for enabling technologies to be further developed.

Since all pioneers face customer uncertainty, it is wise for Zach to delay his entry into the market as much as possible.