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Question
Which of the following statements is true of a firm entering a market too early?A. Distribution channels required for the firm's products will be well established prior to its entry.
B. Enabling technologies and complements available to the firm will be immature.
C. The firm's competitors would have already captured controlling shares of the market.
D. The firm will not be able to reap the advantages of monopoly rent.
Answer
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Related questions
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Once a new product design becomes a dominant design:
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B. it becomes difficult for competitors to imitate.
C. the architecture on which the industry can focus its efforts is destabilized.
D. the product design is adopted by the majority of producers.
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B. technological spillover
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A. agglomeration economies
B. incubator economies
C. virtual economies
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Which of the following is true of externalities?
A. All externalities are negative in nature.
B. They are only borne by individuals responsible for creating them.
C. Technological innovation results in complete eradication of negative externalities.
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Technological innovations increase:
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B. product life cycles.
C. the time required for product development and introduction.
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Technological innovation decreases the amount of output achievable from a given quantity of labor and capital.
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What are the factors that determine whether switching to a new technology will benefit a firm?
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How can the s-curves be used as a prescriptive tool? What would be the limitations of this approach?
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Once a new product design becomes a dominant design:
A. the product is no longer profitable.
B. it becomes difficult for competitors to imitate.
C. the architecture on which the industry can focus its efforts is destabilized.
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Q:
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B. it is providing a significant incentive to the owners of its previously developed consoles to buy the new console.
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C. consignments
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A. the firm must reduce its production capacity.
B. the firm should improve its efficiency to target the mass market.
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