As demand increases, a firm begins to try to serve that demand and the first means is typically through:

Name: As demand increases, a firm begins to try to serve that demand and the first means is typically through:
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Licensing is often the first means through which a firm tries to serve increased demand. It allows the firm to expand its reach with relatively low investment and risk by granting another entity the rights to produce or sell its products.

As Demand Increases, a Firm Begins to Try to Serve