What is usually required in industries based on increasing returns?
A) attract customers and profits first
B) attract customers first and profits later
C) make profits first and attract customers later
D) make profits later and attract customers later

Question

Quizplus · Accepted Answer

Industries based on increasing returns often focus on attracting a large customer base initially, even at the expense of immediate profits, to benefit from network effects and economies of scale that lead to greater profitability in the long run.

What Is Usually Required in Industries Based on Increasing Returns