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Question
If a firm has the option of investing in R&D, the cost of commercializing a new technology that is developed can be considered the:
a. exercise price.
b. price of a call option.
c. benefit of exercising the option.
d. the value of the option.
Answer
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Related questions
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If a firm willingly cannibalizes its existing products with more advanced products, the firm can make it very easy for other firms to achieve a technological lead large enough to prove persuasive to customers.
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